6520 3rd Ave NEBradentonFL34208
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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 6520 3rd Ave NE, Bradenton, FL, 34208 uses $101,108 cash to close to unlock $3,849/yr annual cash flow and $321/mo monthly cash flow. Total monthly income runs $2,345/mo, and a $1,493/mo payment keeps the spread at $321/mo. Purchase price stands at $305,000, and rental yield measures 9.23% with $2,345/mo rent. Return on cash invested shows 23.72% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 123.85% and total cumulative return in cash records $125,218. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,345/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 1981
6,055 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34208, Bradenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,567 (100%) |
| Owner Occupied HU | 8,500 (48.4%) |
| Renter Occupied HU | 7,263 (41.3%) |
| Vacant Housing Units | 1,804 (10.3%) |
| Median Home Value | $347,966 |
| Average Home Value | $420,342 |
Housing Distribution
Address Breakdown
Residential
16,136
Single Family
11,315
Multi-Family
4,821
Businesses
891
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