2323 Waterbluff Pl #V-314SarasotaFL34231
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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 2323 Waterbluff Pl #V-314, Sarasota, FL, 34231 listed at $289,500 pairs $2,540/mo rent with a $1,417/mo payment. Total monthly income runs $2,540/mo. Return on cash invested measures 19.87% in year one, and rental yield registers 10.53% at a $289,500 basis. Equity gained on principal adds $1,868/yr, and annual property appreciation at 5% supports $79,984 by year five. Five-year ROI tracks 106.04% and total cumulative return in cash totals $101,763. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,540/mo property income relative to a $1,417/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
N/A lot
$N/A/sqft
$622 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34231, Sarasota, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
16,928
Single Family
14,567
Multi-Family
2,361
Businesses
1,148
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Listed by: Michael Lehman • REALTY ONE GROUP EPIC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4614049
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