2308 Tulip 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
Investment property for sale in Sarasota at 2308 Tulip St, Sarasota, FL, 34239 listed at $1,351,000 pairs $4,922/mo rent with a $6,612/mo payment. Total monthly income runs $4,922/mo. Return on cash invested measures 9.29% in year one, and rental yield registers 4.37% at a $1,351,000 basis. Equity gained on principal adds $8,718/yr, and annual property appreciation at 5% supports $373,256 by year five. Five-year ROI tracks 46.39% and total cumulative return in cash totals $203,047. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,922/mo property income relative to a $6,612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
9,600 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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