724 Hillcrest Dr, Bradenton, FL, 34209 | 7.43% Rental Yield

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724 Hillcrest Dr, Bradenton, FL, 34209 | 7.43% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Bradenton at 724 Hillcrest Dr, Bradenton, FL, 34209 priced at $775,000 converts $4,799/mo rent into after a $3,793/mo obligation. Total monthly income equals $4,799/mo. Return on cash invested prints 18.44% in year one, and rental yield reads 7.43% against a $775,000 entry. Equity gained on principal adds $5,001/yr, while 5% annual appreciation compiles into $214,118 by year five. Five-year ROI reaches 95.55% and total cumulative return in cash sums $243,619. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,799/mo property income covering a $3,793/mo payment, not borrower’s personal income.

Single Family

Built in 1960

0.34 Acres lot

$N/A/sqft

No HOA

More details about the property

Some photos have been virtually staged. Welcome to your slice of paradise in the sought-after Harbor Hills neighborhood! This 3-bedroom, 3-bath home blends comfort, style, and coastal charmall with a pool and deeded dock access on Warners Bayou East. Sitting high and dry on one of the most elevated lots in Manatee County, this property offers peace of mind and water accessa rare combination! Step inside to find crown molding throughout, a spacious kitchen with wood cabinetry, and multiple living areas perfect for entertaining. The large screened-in pool area is ready for year-round fun, while the dock (in need of TLC) offers endless potential for boating and kayaking adventures. With a 2018 roof, 2024 A/C, a 2-car garage with attached storage, and an additional outdoor shed, theres plenty of space for all your coastal toys. Just minutes from Bradentons vibrant downtown, award-winning Anna Maria Island beaches, and local marinas, this home captures the essence of Florida livinginviting, relaxed, and full of opportunity.

Neighborhood Data

Neighborhood data shown for ZIP Code: 34209, Bradenton, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,115 (100%)
Owner Occupied HU	12,609 (66.0%)
Renter Occupied HU	3,273 (17.1%)
Vacant Housing Units	3,233 (16.9%)
Median Home Value	$486,037
Average Home Value	$592,277