829 57th St E #B101, Bradenton, FL, 34208 | $597/mo Cash Flow

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829 57th St E #B101, Bradenton, FL, 34208 | $597/mo Cash Flow | 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

Investment property for sale in Bradenton at 829 57th St E #B101, Bradenton, FL, 34208 offers a 9.99% rental yield on a $353,000 purchase with $2,940/mo rent. Total monthly income registers $2,940/mo, and a $1,728/mo payment leaves $597/mo available for distribution. Annual cash flow reaches $7,166/yr on $117,020 to close, and return on cash invested stands at 26.03% in year one. Equity gained on principal adds $2,278/yr while 5% annual appreciation supports $97,527 over five years. Portfolio math shows five-year ROI at 136.3% and total cumulative return in cash at $159,500. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,940/mo property income against a $1,728/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2025

1.92 Acres lot

$N/A/sqft

No HOA

More details about the property

Under Construction. Under Construction. SR 64 EXECUTIVE STORAGE is a brand new, climate-controlled facility for the ultimate Car, RV, and Boat enthusiasts. Conveniently located off SR 64 and west of I75, the location is an easy drive from downtown Sarasota, Bradenton, and all the barrier islands. A safe and secure community comprised of 36 total condominiums, each individually owned. Many of the construction components are Hurricane Impact Rated per Miami-Dade Standards (CAT5) with concrete block and steel reinforcing using a high level of all construction materials. Each garage condo has a motorized 14' H x 12' W garage door with remote and keypad, separate pedestrian entrance, half bathroom, polished concrete floors, 16' ceilings, and more. Low association fees include water, and each unit is individually metered for electric. Safely store your most valuable assets, away from the storm surge possibilities and salty air. For those living on the islands and close to the water, your garage condo will provide shelter when you need to evacuate.

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