505 30th Ave W APT E407BradentonFL34205
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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
Investment Highlights
Rental property for sale in Bradenton at 505 30th Ave W APT E407, Bradenton, FL, 34205 generates $1,831/mo in rent and, after a $612/mo payment, leaves $567/mo in cash flow. Total monthly income is $1,831/mo, and annual cash flow is $6,807/yr on $41,438 invested. Return on cash invested sits at 36.34% in year one, and rental yield is 17.58% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 196.15% and total cumulative return in cash sums $81,281. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,831/mo property income rather than buyer’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$434 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
15,173
Single Family
11,089
Multi-Family
4,084
Businesses
1,084
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Listed by: Brooke OMalley • CLUB REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4597543
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511