2264 Floyd StSarasotaFL34239
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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 2264 Floyd St, Sarasota, FL, 34239 priced at $575,000 converts $4,270/mo rent into $455/mo cash flow after a $2,814/mo obligation. Total monthly income equals $4,270/mo, and annual cash flow totals $5,454/yr on $189,175 invested. Return on cash invested prints 22.94% in year one, and rental yield reads 8.91% against a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation compiles into $158,862 by year five. Five-year ROI reaches 119.67% and total cumulative return in cash sums $226,391. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,270/mo property income covering a $2,814/mo payment, not borrower’s personal income.
Single Family
Built in 1954
7,136 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34239, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,192 (100%) |
| Owner Occupied HU | 5,182 (63.3%) |
| Renter Occupied HU | 1,872 (22.9%) |
| Vacant Housing Units | 1,138 (13.9%) |
| Median Home Value | $513,900 |
| Average Home Value | $735,089 |
Housing Distribution
Address Breakdown
Residential
7,553
Single Family
7,038
Multi-Family
515
Businesses
862
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