156 Siesta DrSarasotaFL34242
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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 156 Siesta Dr, Sarasota, FL, 34242 listed at $1,730,000 pairs $7,633/mo rent with a $8,467/mo payment. Total monthly income runs $7,633/mo. Return on cash invested measures 12.13% in year one, and rental yield registers 5.29% at a $1,730,000 basis. Equity gained on principal adds $11,163/yr, and annual property appreciation at 5% supports $477,967 by year five. Five-year ROI tracks 61.65% and total cumulative return in cash totals $345,534. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,633/mo property income relative to a $8,467/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34242, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,363 (100%) |
| Owner Occupied HU | 3,517 (33.9%) |
| Renter Occupied HU | 398 ( 3.8%) |
| Vacant Housing Units | 6,448 (62.2%) |
| Median Home Value | $995,518 |
| Average Home Value | $1,226,830 |
Housing Distribution
Address Breakdown
Residential
6,895
Single Family
3,560
Multi-Family
3,335
Businesses
232
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