201 Elliot AveSarasotaFL34232
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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 201 Elliot Ave, Sarasota, FL, 34232 priced at $169,500 pairs $1,309/mo rent with after a $830/mo payment. Total monthly income equals $1,309/mo. Return on cash invested is 12.56% in year one, and rental yield stands at 9.27% on a $169,500 basis. Equity gained on principal adds $1,094/yr, and 5% annual appreciation accumulates to $46,830 by year five. Five-year ROI measures 68.21% and total cumulative return in cash reaches $38,324. For financing, Ziffy Mortgage’s DSCR program evaluates $1,309/mo property income against a $830/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1972
N/A lot
$N/A/sqft
$499 monthly 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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Listed by: Moe Mossa • SAVVY AVENUE, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4656923
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511