2613 Star Apple WaySarasotaFL34240
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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 2613 Star Apple Way, Sarasota, FL, 34240 offers $4,187/mo rent that, after a $2,971/mo payment. Total monthly income is $4,187/mo. Return on cash invested measures 18.82% in year one, and rental yield stands at 8.28% at a $606,990 entry. Equity gained on principal adds $3,917/yr while 5% annual appreciation compounds into $167,700 by year five. Five-year ROI records 98.36% and total cumulative return in cash reaches $196,426. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,187/mo property income versus a $2,971/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,595 sqft lot
$N/A/sqft
$365 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34240, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,318 (100%) |
| Owner Occupied HU | 6,981 (56.7%) |
| Renter Occupied HU | 2,400 (19.5%) |
| Vacant Housing Units | 2,937 (23.8%) |
| Median Home Value | $758,190 |
| Average Home Value | $813,548 |
Housing Distribution
Address Breakdown
Residential
8,863
Single Family
6,961
Multi-Family
1,902
Businesses
1,239
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Listed by: John Neal • NEAL COMMUNITIES REALTY, INC.
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #T3551485
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