6516 Candlestick DrBradentonFL34212
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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 6516 Candlestick Dr, Bradenton, FL, 34212 uses $132,567 cash to close to unlock $1,110/yr annual cash flow and $93/mo monthly cash flow. Total monthly income runs $2,746/mo, and a $1,957/mo payment keeps the spread at $93/mo. Purchase price stands at $399,900, and rental yield measures 8.24% with $2,746/mo rent. Return on cash invested shows 20.75% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 107.93% and total cumulative return in cash records $143,084. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,746/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 2015
5,125 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34212, Bradenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,199 (100%) |
| Owner Occupied HU | 8,404 (68.9%) |
| Renter Occupied HU | 2,240 (18.4%) |
| Vacant Housing Units | 1,555 (12.7%) |
| Median Home Value | $561,266 |
| Average Home Value | $599,286 |
Housing Distribution
Address Breakdown
Residential
11,245
Single Family
9,859
Multi-Family
1,386
Businesses
134
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