2837 Woodcrest 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
Total monthly income runs $2,229/mo, and a $2,447/mo payment. Purchase price stands at $500,000, and rental yield measures 5.35% with $2,229/mo rent. Return on cash invested shows 12.03% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 61.17% and total cumulative return in cash records $101,396. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,229/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1962
8,800 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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