Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Sarasota at 1520 Glen Oaks Dr E UNIT 353, Sarasota, FL, 34232 generates $3,120/mo in rent and, after a $612/mo payment, leaves $1,724/mo in cash flow. Total monthly income is $3,120/mo, and annual cash flow is $20,682/yr on $41,438 invested. Return on cash invested sits at 69.82% in year one, and rental yield is 29.95% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 377.06% and total cumulative return in cash sums $156,245. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,120/mo property income rather than buyer’s personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
$520 monthly HOA
Neighborhood data shown for ZIP Code: 34232, Sarasota, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,470 (100%) |
| Owner Occupied HU | 10,966 (62.8%) |
| Renter Occupied HU | 4,601 (26.3%) |
| Vacant Housing Units | 1,903 (10.9%) |
| Median Home Value | $419,430 |
| Average Home Value | $505,893 |
Residential
15,983
Single Family
13,050
Multi-Family
2,933
Businesses
1,194
Date | Event | Price |
|---|---|---|
| 2024-08-08 | Price change | $125,000 |
| 2024-04-01 | Price change | $145,000 |
| 2024-01-22 | Price change | $158,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-26 | N/A | N/A | $100,800 | 0.30% |
| 2023-12-26 | $1674.21 | 16.39% | $100,500 | 21.23% |
| 2022-12-26 | $1438.47 | 27.94% | $82,900 | 35.24% |
Listed by: Peggy Olson • PREMIER SOTHEBYS INTL REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #N6125738
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
