1825 Par PlSarasotaFL34240
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 1825 Par Pl, Sarasota, FL, 34240 in Sarasota. At $539,000 it earns $4,115/mo in rent and distributes $538/mo to the owner after the $2,424/mo payment, a consistent 9.16% yield. DSCR 1.70 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $148,916 in value; $4,964/yr in principal paydown compounds ownership stake. Total projected return: $240,066.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 5.2% |
| Monthly Cash Flow | $538 | $300 |
City averages based on Sarasota market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,115 |
| Total Monthly Debt Service | $3,362 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1969
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34240, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,318 (100%) |
| Owner Occupied HU | 6,981 (56.7%) |
| Renter Occupied HU | 2,400 (19.5%) |
| Vacant Housing Units | 2,937 (23.8%) |
| Median Home Value | $758,190 |
| Average Home Value | $813,548 |
Housing Distribution
Address Breakdown
Residential
8,863
Single Family
6,961
Multi-Family
1,902
Businesses
1,239
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
Single Family
Built in 1969
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34240, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,318 (100%) |
| Owner Occupied HU | 6,981 (56.7%) |
| Renter Occupied HU | 2,400 (19.5%) |
| Vacant Housing Units | 2,937 (23.8%) |
| Median Home Value | $758,190 |
| Average Home Value | $813,548 |
Housing Distribution
Address Breakdown
Residential
8,863
Single Family
6,961
Multi-Family
1,902
Businesses
1,239
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices