147 Adair AveSarasotaFL34243
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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 147 Adair Ave, Sarasota, FL, 34243 priced at $619,000 pairs $3,482/mo rent with after a $3,030/mo payment. Total monthly income equals $3,482/mo. Return on cash invested is 16.37% in year one, and rental yield stands at 6.75% on a $619,000 basis. Equity gained on principal adds $3,994/yr, and 5% annual appreciation accumulates to $171,018 by year five. Five-year ROI measures 84.43% and total cumulative return in cash reaches $171,937. For financing, Ziffy Mortgage’s DSCR program evaluates $3,482/mo property income against a $3,030/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34243, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,532 (100%) |
| Owner Occupied HU | 10,767 (61.4%) |
| Renter Occupied HU | 4,395 (25.1%) |
| Vacant Housing Units | 2,370 (13.5%) |
| Median Home Value | $453,505 |
| Average Home Value | $504,833 |
Housing Distribution
Address Breakdown
Residential
15,798
Single Family
12,522
Multi-Family
3,276
Businesses
1,656
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