2094 Gondola Dr #145SarasotaFL34238
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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 2094 Gondola Dr #145, Sarasota, FL, 34238 generates $1,038/mo in rent and, after a $636/mo payment, leaves $1/mo in cash flow. Total monthly income is $1,038/mo, and annual cash flow is $9/yr on $43,062 invested. Return on cash invested sits at 19.93% in year one, and rental yield is 9.59% on a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 105.33% and total cumulative return in cash sums $45,355. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,038/mo property income rather than buyer’s personal income.
Manufactured
Built in 1977
3,290 sqft lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34238, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,858 (100%) |
| Owner Occupied HU | 9,980 (62.9%) |
| Renter Occupied HU | 2,792 (17.6%) |
| Vacant Housing Units | 3,086 (19.5%) |
| Median Home Value | $612,148 |
| Average Home Value | $672,108 |
Housing Distribution
Address Breakdown
Residential
14,678
Single Family
9,604
Multi-Family
5,074
Businesses
373
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Listed by: Katie Strand • VIRGA REALTY INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8348539
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