116 Vista Hermosa Cir APT 204CSarasotaFL34242
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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
Rental property for sale in Sarasota at 116 Vista Hermosa Cir APT 204C, Sarasota, FL, 34242 generates $8,509/mo in rent and, after a $2,694/mo payment, leaves $4,856/mo in cash flow. Total monthly income is $8,509/mo, and annual cash flow is $58,277/yr on $181,082 invested. Return on cash invested sits at 52.24% in year one, and rental yield is 18.55% on a $550,400 entry. Equity gained on principal adds $3,552/yr, while 5% annual appreciation builds toward $152,065 over five years. Five-year ROI reaches 276.8% and total cumulative return in cash sums $501,231. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,509/mo property income rather than buyer’s personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34242, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,363 (100%) |
| Owner Occupied HU | 3,517 (33.9%) |
| Renter Occupied HU | 398 ( 3.8%) |
| Vacant Housing Units | 6,448 (62.2%) |
| Median Home Value | $995,518 |
| Average Home Value | $1,226,830 |
Housing Distribution
Address Breakdown
Residential
6,895
Single Family
3,560
Multi-Family
3,335
Businesses
232
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