6424 Gulf Dr #7Bradenton BeachFL34217
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Bradenton Beach at 6424 Gulf Dr #7, Bradenton Beach, FL, 34217 projects strong ROI of 10.25%. Rental yield 4.46%. With 5% annual appreciation, the property builds $634,066 in value over five years. Equity growth combined delivers a projected five-year ROI of 68.44%, translating into $443,706 in total cumulative return on $648,338 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.5% | 6.0% |
| Monthly Cash Flow | $(8,136) | $1,800 |
City averages based on Bradenton Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,533 |
| Total Monthly Debt Service | $14,317 |
| DSCR Ratio | 0.60x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2003
1.14 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2003
1.14 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erin Leathem • ISLAND REAL ESTATE-ANNA MARIA
Mls Name: Stellar MLS
Mls ID: #A4676086