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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 1968 Toucan Way UNIT 1404, Sarasota, FL, 34232 listed at $239,000 pairs $1,721/mo rent with a $1,170/mo payment to leave $135/mo cash flow. Total monthly income runs $1,721/mo, and annual cash flow reaches $1,617/yr on $79,229 cash to close. Return on cash invested measures 21.95% in year one, and rental yield registers 8.64% at a $239,000 basis. Equity gained on principal adds $1,542/yr, and annual property appreciation at 5% supports $66,031 by year five. Five-year ROI tracks 114.38% and total cumulative return in cash totals $90,624. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,721/mo property income relative to a $1,170/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1970
6.39 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 34232, Sarasota, FL area.
| 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 |
Residential
15,983
Single Family
13,050
Multi-Family
2,933
Businesses
1,194
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: Daniel Jittu • G2 INTERNATIONAL REALTY LLC
Mls Name: Stellar MLS
Mls ID: #A4662316
