6594 Fairway Gardens Dr #6594BradentonFL34203
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 6594 Fairway Gardens Dr #6594, Bradenton, FL, 34203 in Bradenton achieves a 1.68 ratio at $187,000: $1,413/mo rent versus $841/mo debt service. Rental yield 9.07%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.07% yield compounds alongside 5% annual appreciation projecting $51,665 in value. Total projected cumulative return: $82,370.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 5.1% |
| Monthly Cash Flow | $(672) | $285 |
City averages based on Bradenton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,413 |
| Total Monthly Debt Service | $1,167 |
| DSCR Ratio | 1.21x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1997
9.72 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
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 1997
9.72 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