1862 Orangewood LnSarasotaFL34232
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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
Rental property for sale in Sarasota at 1862 Orangewood Ln, Sarasota, FL, 34232 priced at $500,000 converts $2,316/mo rent into after a $2,447/mo obligation. Total monthly income equals $2,316/mo. Return on cash invested prints 12.66% in year one, and rental yield reads 5.56% against a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,141 by year five. Five-year ROI reaches 64.55% and total cumulative return in cash sums $107,000. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,316/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34232, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,470 (100%) |
| Owner Occupied HU | 10,966 (62.8%) |
| Renter Occupied HU | 4,601 (26.3%) |
| Vacant Housing Units | 1,903 (10.9%) |
| Median Home Value | $419,430 |
| Average Home Value | $505,893 |
Housing Distribution
Address Breakdown
Residential
15,983
Single Family
13,050
Multi-Family
2,933
Businesses
1,194
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