2115 Fruitville Rd #1202SarasotaFL34240
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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 2115 Fruitville Rd #1202, Sarasota, FL, 34240 listed at $135,995 pairs $3,300/mo rent with a $666/mo payment to leave $2,397/mo cash flow. Total monthly income runs $3,300/mo, and annual cash flow reaches $28,766/yr on $45,082 cash to close. Return on cash invested measures 83.72% in year one, and rental yield registers 29.12% at a $135,995 basis. Equity gained on principal adds $878/yr, and annual property appreciation at 5% supports $37,573 by year five. Five-year ROI tracks 445.69% and total cumulative return in cash totals $200,929. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,300/mo property income relative to a $666/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2024
N/A 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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