1479 Landings Cir #41SarasotaFL34231
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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 1479 Landings Cir #41, Sarasota, FL, 34231 earns from $6,058/mo rent with a $3,546/mo payment. Total monthly income totals $6,058/mo. ROI tracks 18.67% on current figures, and rental yield reads 10.03% at a $724,500 purchase. Equity gained on principal adds $4,675/yr, and 5% annual appreciation supports $200,166 over five years. Five-year ROI reaches 99.56% and total cumulative return in cash sums $237,316. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,058/mo property income instead of your personal income.
Townhouse
Built in 1981
N/A lot
$N/A/sqft
$1,526 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34231, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,710 (100%) |
| Owner Occupied HU | 10,882 (58.2%) |
| Renter Occupied HU | 4,779 (25.5%) |
| Vacant Housing Units | 3,049 (16.3%) |
| Median Home Value | $488,555 |
| Average Home Value | $655,660 |
Housing Distribution
Address Breakdown
Residential
16,928
Single Family
14,567
Multi-Family
2,361
Businesses
1,148
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Listed by: Irma Scherer • COMPASS FLORIDA LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4635935
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