2377 Burton LnSarasotaFL34239
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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 2377 Burton Ln, Sarasota, FL, 34239 earns from $4,390/mo rent with a $4,111/mo payment. Total monthly income totals $4,390/mo. ROI tracks 14.92% on current figures, and rental yield reads 6.27% at a $840,000 purchase. Equity gained on principal adds $5,420/yr, and 5% annual appreciation supports $232,077 over five years. Five-year ROI reaches 76.64% and total cumulative return in cash sums $211,790. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,390/mo property income instead of your personal income.
Single Family
Built in 1992
8,820 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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