213 Gaines AveSarasotaFL34243
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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 213 Gaines Ave, Sarasota, FL, 34243 listed at $1,325,000 pairs $4,759/mo rent with a $6,485/mo payment. Total monthly income runs $4,759/mo. Return on cash invested measures 9.09% in year one, and rental yield registers 4.31% at a $1,325,000 basis. Equity gained on principal adds $8,550/yr, and annual property appreciation at 5% supports $366,073 by year five. Five-year ROI tracks 45.36% and total cumulative return in cash totals $194,716. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,759/mo property income relative to a $6,485/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
10,258 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34243, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,532 (100%) |
| Owner Occupied HU | 10,767 (61.4%) |
| Renter Occupied HU | 4,395 (25.1%) |
| Vacant Housing Units | 2,370 (13.5%) |
| Median Home Value | $453,505 |
| Average Home Value | $504,833 |
Housing Distribution
Address Breakdown
Residential
15,798
Single Family
12,522
Multi-Family
3,276
Businesses
1,656
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