2309 Fremont DrSarasotaFL34238
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2309 Fremont Dr, Sarasota, FL, 34238 at $158,900 posts ROI 23.33% with $150/mo cash flow from $1,205/mo rent. Total monthly income equals $1,205/mo, and annual cash flow records $1,803/yr on $52,675 to close. Return on cash invested measures 23.33% and rental yield reads 9.1% at the current $158,900. Equity gained on principal adds $1,025/yr, and 5% annual appreciation supports $43,901 by year five. Five-year ROI prints 121.86% and total cumulative return in cash totals $64,192.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,205/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1972
N/A lot
$N/A/sqft
No 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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