3029 Homasassa RdSarasotaFL34239
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3029 Homasassa Rd, Sarasota, FL, 34239 at $379,999 posts ROI 22.52% with $274/mo cash flow from $2,822/mo rent. Total monthly income equals $2,822/mo, and annual cash flow records $3,283/yr on $125,970 to close. Return on cash invested measures 22.52% and rental yield reads 8.91% at the current $379,999. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 by year five. Five-year ROI prints 117.5% and total cumulative return in cash totals $148,020.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,822/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1963
10,000 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Gettle, III • JOHN HARDING REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4633102
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