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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Sarasota at 1674 University Pkwy LOT 159, Sarasota, FL, 34243 listed at $245,900 pairs $1,723/mo rent with a $1,204/mo payment to leave $91/mo cash flow. Total monthly income runs $1,723/mo, and annual cash flow reaches $1,089/yr on $81,516 cash to close. Return on cash invested measures 21.24% in year one, and rental yield registers 8.41% at a $245,900 basis. Equity gained on principal adds $1,587/yr, and annual property appreciation at 5% supports $67,938 by year five. Five-year ROI tracks 110.59% and total cumulative return in cash totals $90,151. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,723/mo property income relative to a $1,204/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1993
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 34243, Sarasota, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,532 (100%) |
| Owner Occupied HU | 10,767 (61.4%) |
| Renter Occupied HU | 4,395 (25.1%) |
| Vacant Housing Units | 2,370 (13.5%) |
| Median Home Value | $453,505 |
| Average Home Value | $504,833 |
Residential
15,798
Single Family
12,522
Multi-Family
3,276
Businesses
1,656
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Karie Gorgone • WAGNER REALTY
Mls Name: Stellar MLS
Mls ID: #A4673288
