2040 Java Plum 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
Investment property for sale in Sarasota at 2040 Java Plum Ave, Sarasota, FL, 34232 earns $51/mo cash flow from $1,842/mo rent with a $1,321/mo payment. Total monthly income totals $1,842/mo, and annual cash flow totals $610/yr on $89,483 capital. ROI tracks 20.59% on current figures, and rental yield reads 8.19% at a $269,935 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,578 over five years. Five-year ROI reaches 107.07% and total cumulative return in cash sums $95,813. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,842/mo property income instead of your personal income.
Single Family
Built in 1960
8,190 sqft 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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