2340 Valencia DrSarasotaFL34239
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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 2340 Valencia Dr, Sarasota, FL, 34239 generates $3,415/mo in rent and, after a $2,203/mo payment, leaves $428/mo in cash flow. Total monthly income is $3,415/mo, and annual cash flow is $5,139/yr on $149,175 invested. Return on cash invested sits at 23.35% in year one, and rental yield is 9.11% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 121.92% and total cumulative return in cash sums $181,878. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,415/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
10,749 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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