820 Manatee AveEllentonFL34222
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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 Ellenton at 820 Manatee Ave, Ellenton, FL, 34222 uses $122,655 cash to close to unlock $2,503/yr annual cash flow and $209/mo monthly cash flow. Total monthly income runs $2,664/mo, and a $1,811/mo payment keeps the spread at $209/mo. Purchase price stands at $370,000, and rental yield measures 8.64% with $2,664/mo rent. Return on cash invested shows 21.95% in year one, and 5% annual appreciation builds toward $102,224 over five years. Five-year ROI reaches 114.38% and total cumulative return in cash records $140,297. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,664/mo property income covering a $1,811/mo payment rather than investor’s personal income.
Single Family
Built in 1962
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34222, Ellenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,350 (100%) |
| Owner Occupied HU | 5,463 (65.4%) |
| Renter Occupied HU | 1,406 (16.8%) |
| Vacant Housing Units | 1,481 (17.7%) |
| Median Home Value | $211,957 |
| Average Home Value | $335,183 |
Housing Distribution
Address Breakdown
Residential
7,889
Single Family
6,742
Multi-Family
1,147
Businesses
587
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