2054 Racimo DrSarasotaFL34240
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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 2054 Racimo Dr, Sarasota, FL, 34240 earns from $3,592/mo rent with a $3,911/mo payment. Total monthly income totals $3,592/mo. ROI tracks 12.25% on current figures, and rental yield reads 5.39% at a $799,000 purchase. Equity gained on principal adds $5,156/yr, and 5% annual appreciation supports $220,749 over five years. Five-year ROI reaches 62.35% and total cumulative return in cash sums $163,890. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,592/mo property income instead of your personal income.
Single Family
Built in 1982
1.03 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
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