305 Oakwood Blvd ESarasotaFL34237
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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 305 Oakwood Blvd E, Sarasota, FL, 34237 earns $260/mo cash flow from $1,578/mo rent with a $972/mo payment. Total monthly income totals $1,578/mo, and annual cash flow totals $3,123/yr on $65,803 capital. ROI tracks 24.66% on current figures, and rental yield reads 9.54% at a $198,500 purchase. Equity gained on principal adds $1,281/yr, and 5% annual appreciation supports $54,842 over five years. Five-year ROI reaches 128.94% and total cumulative return in cash sums $84,845. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,578/mo property income instead of your personal income.
Manufactured
Built in 1991
5,176 sqft lot
$N/A/sqft
No 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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