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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% |
Investment property for sale in Sarasota at 2280 Stickney Point Rd APT 432, Sarasota, FL, 34231 uses $59,272 cash to close to unlock $2,443/yr annual cash flow and $204/mo monthly cash flow. Total monthly income runs $1,390/mo, and a $875/mo payment keeps the spread at $204/mo. Purchase price stands at $178,800, and rental yield measures 9.33% with $1,390/mo rent. Return on cash invested shows 24.03% in year one, and 5% annual appreciation builds toward $49,399 over five years. Five-year ROI reaches 125.56% and total cumulative return in cash records $74,424. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,390/mo property income covering a $875/mo payment rather than investor’s personal income.
Condo
Built in 1973
4.82 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 34231, Sarasota, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,710 (100%) |
| Owner Occupied HU | 10,882 (58.2%) |
| Renter Occupied HU | 4,779 (25.5%) |
| Vacant Housing Units | 3,049 (16.3%) |
| Median Home Value | $488,555 |
| Average Home Value | $655,660 |
Residential
16,928
Single Family
14,567
Multi-Family
2,361
Businesses
1,148
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Nicole Schmaling • RE/MAX PALM
Mls Name: Stellar MLS
Mls ID: #N6140396
