1632 Worrington StSarasotaFL34231
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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 1632 Worrington St, Sarasota, FL, 34231 uses $258,923 cash to close to unlock $1,888/yr annual cash flow and $157/mo monthly cash flow. Total monthly income runs $5,380/mo, and a $3,852/mo payment keeps the spread at $157/mo. Purchase price stands at $787,000, and rental yield measures 8.2% with $5,380/mo rent. Return on cash invested shows 20.79% in year one, and 5% annual appreciation builds toward $217,434 over five years. Five-year ROI reaches 108.13% and total cumulative return in cash records $279,966. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,380/mo property income covering a $3,852/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.33 Acres lot
$N/A/sqft
No 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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