6 Parkview St

Bradenton, FL 34208
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2 bd, 2 ba | 1,464 sqft | Built in 1925

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List Price
$228,950

Initial Investment

$62,389

Purchase Price

$228,950

Down Payment

25%

Rent

$2,220

Total Return

$164,022

Annualized Return

32.1%

Cap Rate

8.1%

Gross Yield

11.6%

Cash Flow

$5,189

Appreciation

9.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

1,525

HOA

$33/mo

Flood Risk

High Risk - Zone AE

Price drop due to flood damage. Home has been remediated.
Charming 2-Bedroom, 2-Bathroom Riverside Retreat. This 1,052-square-foot home offers a perfect blend of cozy comfort and natural beauty. Located just steps from the Manatee River, it boasts breathtaking water views right from your doorstep. Inside, you'll find real hardwood floors and a cozy brick fireplace that add warmth and character. The primary bedroom and bathroom are upstairs with more river views to enjoy. Perched on the Manatee river in the heart of Historic Braden Castle community which offers a full-service marina featuring two boat docks and a convenient boat ramp, vibrant clubhouse, a cozy library, and engaging activities like shuffleboard and exciting party events—all for an unbeatable annual HOA fee of just $400!
Weather your relaxing on the front porch overlooking the river or enjoying the cozy interior, this home is perfect for nature lovers and those seeking a peaceful riverside lifestyle.

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$25,308

Expenses

-$5,572

Property Taxes

-$2,100

Loan Payments

-$12,447

Net Cash Flow

$5,189

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Gaston Pereira Ocampo
Agent License 3564320
MARK SPAIN REAL ESTATE
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #TB8325227
Last Updated: 11/28/2024 19:11
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