4240 Ironwood Cir APT 402ABradentonFL34209
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
Investment Highlights
Investment property for sale in Bradenton at 4240 Ironwood Cir APT 402A, Bradenton, FL, 34209 earns $1,025/mo cash flow from $2,976/mo rent with a $957/mo payment. Total monthly income totals $2,976/mo, and annual cash flow totals $12,294/yr on $64,808 capital. ROI tracks 38.88% on current figures, and rental yield reads 18.27% at a $195,500 purchase. Equity gained on principal adds $1,262/yr, and 5% annual appreciation supports $54,013 over five years. Five-year ROI reaches 209.58% and total cumulative return in cash sums $135,827. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,976/mo property income instead of your personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
$560 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34209, Bradenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,115 (100%) |
| Owner Occupied HU | 12,609 (66.0%) |
| Renter Occupied HU | 3,273 (17.1%) |
| Vacant Housing Units | 3,233 (16.9%) |
| Median Home Value | $486,037 |
| Average Home Value | $592,277 |
Housing Distribution
Address Breakdown
Residential
17,498
Single Family
13,324
Multi-Family
4,174
Businesses
586
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices