5601 16th St WBradentonFL34207
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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
Investment property for sale in Bradenton at 5601 16th St W, Bradenton, FL, 34207 listed at $255,000 pairs $2,274/mo rent with a $1,248/mo payment to leave $582/mo cash flow. Total monthly income runs $2,274/mo, and annual cash flow reaches $6,982/yr on $84,533 cash to close. Return on cash invested measures 28.17% in year one, and rental yield registers 10.7% at a $255,000 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,452 by year five. Five-year ROI tracks 147.72% and total cumulative return in cash totals $124,868. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,274/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1971
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34207, Bradenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,975 (100%) |
| Owner Occupied HU | 9,533 (47.7%) |
| Renter Occupied HU | 6,846 (34.3%) |
| Vacant Housing Units | 3,596 (18.0%) |
| Median Home Value | $144,995 |
| Average Home Value | $222,145 |
Housing Distribution
Address Breakdown
Residential
16,180
Single Family
13,186
Multi-Family
2,994
Businesses
756
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