3251 Southfield Ln #917, Sarasota, FL, 34239 | $93/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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3251 Southfield Ln #917, Sarasota, FL, 34239 | $93/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Sarasota at 3251 Southfield Ln #917, Sarasota, FL, 34239 generates $1,719/mo in rent and, after a $1,199/mo payment, leaves $93/mo in cash flow. Total monthly income is $1,719/mo, and annual cash flow is $1,119/yr on $81,218 invested. Return on cash invested sits at 21.29% in year one, and rental yield is 8.42% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 110.86% and total cumulative return in cash sums $90,036. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,719/mo property income rather than buyer’s personal income.

Single Family

Built in 1970

N/A lot

$N/A/sqft

No HOA

More details about the property

Spacious and move-in-ready two-bedroom two-bath villa in a location that simply cannot be beat. South Gate Village is situated in the heart of Sarasota putting you within touching distance of everything Sarasota has to offer. It is just minutes to the north bridge onto our world-famous Siesta Key, a short drive to the thriving downtown and bayfront, and convenient to shopping and an abundance of restaurant options. This villa is comfortably arrayed over nearly 1700 square feet and features an updated kitchen with new sleek cabinetry and gorgeous granite countertops. Ceramic tile flooring is laid throughout. Enjoy sunshine and tranquility from the spacious enclosed porch that lets in plenty of natural light and overlooks a wonderfully manicured landscape. This is the perfect place to have morning coffee or relax with a book and take in Floridas great year-round weather. A brand-new AC was put in earlier this year, and the flat roof over the garage was redone in 2020. The community pool is just a short walk from the back porch. 3251 Southfield is located on a quiet dead-end street in South Gate Village, a peaceful +55 community that is perfect for year-round or seasonal residents that are looking to enjoy the good Suncoast life. Schedule your showing today!

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