7235 River Hammock Dr Unit 102BradentonFL34212
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow7235 River Hammock Dr Unit 102, Bradenton, FL, 34212 in Bradenton carries a 1.92 coverage ratio, rent of $3,011/mo is 1.92 times the $1,568/mo payment. Rental yield 10.36%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $348,800 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $96,367; total projected cumulative return: $177,777.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 5.1% |
| Monthly Cash Flow | $(427) | $285 |
City averages based on Bradenton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,011 |
| Total Monthly Debt Service | $2,176 |
| DSCR Ratio | 1.38x |
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 2013
0.92 Acres 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
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 2013
0.92 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices