3119 78th Ave ESarasotaFL34243
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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 3119 78th Ave E, Sarasota, FL, 34243 listed at $372,000 pairs $2,840/mo rent with a $1,821/mo payment to leave $111/mo cash flow. Total monthly income runs $2,840/mo, and annual cash flow reaches $1,333/yr on $123,318 cash to close. Return on cash invested measures 20.99% in year one, and rental yield registers 9.16% at a $372,000 basis. Equity gained on principal adds $2,400/yr, and annual property appreciation at 5% supports $102,777 by year five. Five-year ROI tracks 110.17% and total cumulative return in cash totals $135,861. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,840/mo property income relative to a $1,821/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
2,975 sqft lot
$N/A/sqft
$260 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34243, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,532 (100%) |
| Owner Occupied HU | 10,767 (61.4%) |
| Renter Occupied HU | 4,395 (25.1%) |
| Vacant Housing Units | 2,370 (13.5%) |
| Median Home Value | $453,505 |
| Average Home Value | $504,833 |
Housing Distribution
Address Breakdown
Residential
15,798
Single Family
12,522
Multi-Family
3,276
Businesses
1,656
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Listed by: Karen Albright • OPENDOOR BROKERAGE LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6336064
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