1202 Western Pine CirSarasotaFL34240
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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 1202 Western Pine Cir, Sarasota, FL, 34240 with 5% annual appreciation on a $835,990 basis while $3,746/mo rent supports operations. 85% in year one. Equity gained on principal adds $5,395/yr, and five-year appreciation sums $230,969 alongside rental yield of 5.38%. Five-year ROI measures 60.3% and total cumulative return in cash totals $165,843. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,746/mo property income versus a $4,092/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
0.28 Acres lot
$N/A/sqft
$80 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: Mike Polachek • KELLER WILLIAMS ON THE WATER
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4649256
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