4017 38th St W, Bradenton, FL, 34205 | $840/mo Cash Flow

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4017 38th St W, Bradenton, FL, 34205 | $840/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Bradenton at 4017 38th St W, Bradenton, FL, 34205 offers a 10.93% rental yield on a $340,000 purchase with $3,096/mo rent. Total monthly income registers $3,096/mo, and a $1,664/mo payment leaves $840/mo available for distribution. Annual cash flow reaches $10,078/yr on $112,710 to close, and return on cash invested stands at 28.85% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 151.38% and total cumulative return in cash at $170,622. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,096/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1987

5,184 sqft lot

$N/A/sqft

No HOA

More details about the property

***Priced to move at $340,000***.MAINTENANCE FREE 3BR/2BA Home in Village of Lakeside South! Packed with value, this 3-bedroom, 2-bathroom home with a 2-car garage offers 1,432 sq ft of inviting, open living space designed for comfort and style. As you enter through the double doors, youre welcomed by a spacious foyer and soaring cathedral ceilings that create a bright, airy ambiance throughout. The generously sized primary suite features pond views along with both a walk-in and second closetideal for his and hers. The bathrooms have been updated with stylish new vanities, adding a modern touch. Step outside to your paver patio, perfect for grilling and relaxing while enjoying peaceful pond views. ***Major updates include a NEWER ROOF (Oct 2020) and A/C (Jan 2023), giving you long-term confidence and value.*** Enjoy UNBEATABLE AFFORDABILITY with HOA fees of just $159/month, covering basic CABLE, INTERNET, and GROUND MAINTENANCENO YARD WORK needed! The community features a heated pool, tennis, pickleball courts, shuffleboard, basketball court, playground and clubhouse, all conveniently located just across the street! Close to hospitals, restaurants, shopping and about a 15-minute drive to the beach. Don't miss this welcoming home in one of Bradentons most popular neighborhoods!

Neighborhood Data

Neighborhood data shown for ZIP Code: 34205, Bradenton, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,161 (100%)
Owner Occupied HU	8,224 (47.9%)
Renter Occupied HU	6,528 (38.0%)
Vacant Housing Units	2,409 (14.0%)
Median Home Value	$255,932
Average Home Value	$318,078