2547 Prospect 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
Rental property for sale in Sarasota at 2547 Prospect St, Sarasota, FL, 34239 priced at $545,000 pairs $3,769/mo rent with $152/mo cash flow after a $2,668/mo payment. Total monthly income equals $3,769/mo, and annual cash flow comes to $1,821/yr on $179,305 invested. Return on cash invested is 21.08% in year one, and rental yield stands at 8.3% on a $545,000 basis. Equity gained on principal adds $3,517/yr, and 5% annual appreciation accumulates to $150,573 by year five. Five-year ROI measures 109.66% and total cumulative return in cash reaches $196,620. For financing, Ziffy Mortgage’s DSCR program evaluates $3,769/mo property income against a $2,668/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
10,650 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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Listed by: Jacqueline Middleton • SUNSET REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4651197
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