5100 60th St E LOT O15, Bradenton, FL, 34203 | $175/mo Cash Flow

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5100 60th St E LOT O15, Bradenton, FL, 34203 | $175/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 5100 60th St E LOT O15, Bradenton, FL, 34203 listed at $129,000 pairs $1,031/mo rent with a $631/mo payment to leave $175/mo cash flow. Total monthly income runs $1,031/mo, and annual cash flow reaches $2,104/yr on $42,764 cash to close. Return on cash invested measures 24.83% in year one, and rental yield registers 9.59% at a $129,000 basis. Equity gained on principal adds $832/yr, and annual property appreciation at 5% supports $35,640 by year five. Five-year ROI tracks 129.87% and total cumulative return in cash totals $55,537. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,031/mo property income relative to a $631/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 1985

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

$129,000 O.B.O. 1985 MALL Mobile Home for sale. Here's your million dollar view without paying for it. Whether you are looking for a vacation home or making it your permanent residence, this is the home for you. Located in Horseshoe Cove RV Resort, 5100 60th St. East, Lot O15, Bradenton FL 34203. Lot rent is roughly $1250.00 monthly which includes trash pickup, water and sewer and all park amenities. Situated on the Braden River in Horseshoe Cove RV Resort, Bradenton FL, we are offering a 950 sq. ft. one bedroom (easily converted into a two bedroom), one bath mobile home. Comes fully furnished and turnkey, all you need are your personal belongings and you're ready to go. The living room faces the Braden River and boat docks for that panoramic view (including manatees, spoonbills, alligators, blue heron, pelicans, stingrays, an occasional dolphin, and a number of exotic birds). Pet and smoke free environment . Also included are two storage sheds and a deck box. Cemented patio area with table and chairs, and a patio area behind the house. All appliances are included (including a brand new stackable washer and dryer), electric stove/oven and water heater. AC replaced in 2021 and serviced every six months. Also included is a 2019 Evolution 48v golf cart, w/lithium battery and built-in charger. Sorry we are not renting out the property. Give us a call to view, we are willing to negotiate. Price is negotiable. Charles (Tarzan) Benning (262-902-0443) Jane Benning (262-417-2997)

Neighborhood Data

Neighborhood data shown for ZIP Code: 34203, Bradenton, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,199 (100%)
Owner Occupied HU	12,521 (62.0%)
Renter Occupied HU	4,197 (20.8%)
Vacant Housing Units	3,481 (17.2%)
Median Home Value	$405,561
Average Home Value	$412,211