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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Sarasota at 226 E Cornelius Cir, Sarasota, FL, 34232 priced at $290,000 converts $2,144/mo rent into $220/mo cash flow after a $1,419/mo obligation. Total monthly income equals $2,144/mo, and annual cash flow totals $2,639/yr on $96,135 invested. Return on cash invested prints 22.65% in year one, and rental yield reads 8.87% against a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation compiles into $80,122 by year five. Five-year ROI reaches 118.14% and total cumulative return in cash sums $113,572. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,144/mo property income covering a $1,419/mo payment, not borrower’s personal income.
Single Family
Built in 1960
8,308 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 34232, Sarasota, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,470 (100%) |
| Owner Occupied HU | 10,966 (62.8%) |
| Renter Occupied HU | 4,601 (26.3%) |
| Vacant Housing Units | 1,903 (10.9%) |
| Median Home Value | $419,430 |
| Average Home Value | $505,893 |
Residential
15,983
Single Family
13,050
Multi-Family
2,933
Businesses
1,194
Date | Event | Price |
|---|---|---|
| 2025-01-17 | Listed for sale | $290,000 |
| 2012-06-18 | Sold | $43,500 |
| 2012-05-29 | Listed for sale | $39,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | N/A | N/A | $141,948 | 10.00% |
| 2023-02-14 | $2168.80 | 9.39% | $129,044 | 10.00% |
| 2022-02-14 | $1982.56 | 5.66% | $117,313 | 10.00% |
Listed by: John Keller, III • JACK KELLER INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8340365
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
