614 60th Avenue Dr EBradentonFL34203
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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 614 60th Avenue Dr E, Bradenton, FL, 34203 generates $2,270/mo in rent and, after a $1,052/mo payment, leaves $844/mo in cash flow. Total monthly income is $2,270/mo, and annual cash flow is $10,122/yr on $71,273 invested. Return on cash invested sits at 34.11% in year one, and rental yield is 12.67% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 179.62% and total cumulative return in cash sums $128,017. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,270/mo property income rather than buyer’s personal income.
Multi Family
Built in 1977
5,358 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
18,503
Single Family
14,456
Multi-Family
4,047
Businesses
956
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