6507 Stone River Rd APT 304BradentonFL34203
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
Investment Highlights
Investment property for sale in Bradenton at 6507 Stone River Rd APT 304, Bradenton, FL, 34203 uses $57,979 cash to close to unlock $2,789/yr annual cash flow and $232/mo monthly cash flow. Total monthly income runs $1,393/mo, and a $856/mo payment keeps the spread at $232/mo. Purchase price stands at $174,900, and rental yield measures 9.56% with $1,393/mo rent. Return on cash invested shows 24.72% in year one, and 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 129.25% and total cumulative return in cash records $74,940. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,393/mo property income covering a $856/mo payment rather than investor’s personal income.
Condo
Built in 1993
1.28 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices