1128 Waterline CtSarasotaFL34240
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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 Sarasota at 1128 Waterline Ct, Sarasota, FL, 34240 earns from $3,300/mo rent with a $3,924/mo payment. Total monthly income totals $3,300/mo. ROI tracks 9.18% on current figures, and rental yield reads 4.94% at a $801,703 purchase. Equity gained on principal adds $5,173/yr, and 5% annual appreciation supports $221,496 over five years. Five-year ROI reaches 46.48% and total cumulative return in cash sums $122,594. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,300/mo property income instead of your personal income.
Single Family
Built in 2025
7,465 sqft lot
$N/A/sqft
$371 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34240, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,318 (100%) |
| Owner Occupied HU | 6,981 (56.7%) |
| Renter Occupied HU | 2,400 (19.5%) |
| Vacant Housing Units | 2,937 (23.8%) |
| Median Home Value | $758,190 |
| Average Home Value | $813,548 |
Housing Distribution
Address Breakdown
Residential
8,863
Single Family
6,961
Multi-Family
1,902
Businesses
1,239
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Listed by: Non-Member Agent • STELLAR NON-MEMBER OFFICE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #J991235
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511