2154 Piazza DrSarasotaFL34238
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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 2154 Piazza Dr, Sarasota, FL, 34238 generates $1,395/mo in rent and, after a $876/mo payment, leaves $32/mo in cash flow. Total monthly income is $1,395/mo, and annual cash flow is $387/yr on $59,339 invested. Return on cash invested sits at 20.56% in year one, and rental yield is 9.35% on a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 108.28% and total cumulative return in cash sums $64,251. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,395/mo property income rather than buyer’s personal income.
Manufactured
Built in 1973
3,352 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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