1780 Phillippi Shores Dr #E2-57SarasotaFL34231
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 1780 Phillippi Shores Dr #E2-57, Sarasota, FL, 34231 earns $102/mo cash flow from $1,927/mo rent with a $1,346/mo payment. Total monthly income totals $1,927/mo, and annual cash flow totals $1,224/yr on $91,163 capital. ROI tracks 21.25% on current figures, and rental yield reads 8.41% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 110.66% and total cumulative return in cash sums $100,883. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,927/mo property income instead of your personal income.
Single Family
Built in N/A
1.75 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices