Marco Island Plan, Watercolor Place Coach HomesBradentonFL34212
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, Marco Island Plan, Watercolor Place Coach Homes, Bradenton, FL, 34212 in Bradenton deserves attention. This $549,100 property earns $5,536/mo in rent, a 12.1% gross yield, and nets $1,892/mo after the $2,469/mo payment. DSCR 2.24 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $151,706 compounds alongside $5,057/yr in yearly equity build, for a total cumulative return of $331,054.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.1% | 5.1% |
| Monthly Cash Flow | $1,892 | $285 |
City averages based on Bradenton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,536 |
| Total Monthly Debt Service | $3,425 |
| DSCR Ratio | 1.62x |
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 2024
N/A 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 2024
N/A 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