2700 Hidden Lake Dr S UNIT DSarasotaFL34237
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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 2700 Hidden Lake Dr S UNIT D, Sarasota, FL, 34237 at $225,000 posts ROI 18.54% with from $1,929/mo rent. Total monthly income equals $1,929/mo. Return on cash invested measures 18.54% and rental yield reads 10.29% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 99.13% and total cumulative return in cash totals $73,941. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,929/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1974
N/A lot
$N/A/sqft
$510 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34237, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,353 (100%) |
| Owner Occupied HU | 3,743 (40.0%) |
| Renter Occupied HU | 3,912 (41.8%) |
| Vacant Housing Units | 1,698 (18.2%) |
| Median Home Value | $350,668 |
| Average Home Value | $494,000 |
Housing Distribution
Address Breakdown
Residential
7,701
Single Family
5,845
Multi-Family
1,856
Businesses
845
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Listed by: Manuel Chepote • KELLER WILLIAMS ON THE WATER S
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4616306
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