420 63rd St #BBradenton BeachFL34217
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 420 63rd St #B, Bradenton Beach, FL, 34217 in Bradenton Beach earns a 8.88% gross yield at $795,000. Rent of $5,880/mo nets $504/mo after the $3,575/mo mortgage. The 1.64 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $219,644 and $7,322/yr in equity accumulation project a total cumulative return of $335,889.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.0% |
| Monthly Cash Flow | $504 | $1,800 |
City averages based on Bradenton Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,880 |
| Total Monthly Debt Service | $5,059 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1972
7,318 sqft lot
$N/A/sqft
$100 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1972
7,318 sqft lot
$N/A/sqft
$100 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle Laade • DUNCAN REAL ESTATE, INC.
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4649133
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