6238 7th Ave W #6238BradentonFL34209
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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 6238 7th Ave W #6238, Bradenton, FL, 34209 listed at $189,900 pairs $1,703/mo rent with a $929/mo payment. Total monthly income runs $1,703/mo. Return on cash invested measures 13.6% in year one, and rental yield registers 10.76% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 75.02% and total cumulative return in cash totals $47,225. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,703/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
2.84 Acres lot
$N/A/sqft
$774 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
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Listed by: Kalison Nix • PREFERRED SHORE LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4635458
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