1559 Bay RdSarasotaFL34239
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1559 Bay Rd, Sarasota, FL, 34239 projects strong ROI of 11.27%. Rental yield 5.02%. With 5% annual appreciation, the property builds $766,681 in value over five years. Equity growth combined delivers a projected five-year ROI of 57.03%, translating into $512,726 in total cumulative return on $899,100 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2024
10,875 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34239, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,192 (100%) |
| Owner Occupied HU | 5,182 (63.3%) |
| Renter Occupied HU | 1,872 (22.9%) |
| Vacant Housing Units | 1,138 (13.9%) |
| Median Home Value | $513,900 |
| Average Home Value | $735,089 |
Housing Distribution
Address Breakdown
Residential
7,553
Single Family
7,038
Multi-Family
515
Businesses
862
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alesia Stirp • ALESIA DEANNA STIRP
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4651153
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