3354 Ramblewood CtSarasotaFL34237
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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 3354 Ramblewood Ct, Sarasota, FL, 34237 listed at $199,900 pairs $2,630/mo rent with a $978/mo payment to leave $648/mo cash flow. Total monthly income runs $2,630/mo, and annual cash flow reaches $7,778/yr on $66,267 cash to close. Return on cash invested measures 31.65% in year one, and rental yield registers 15.79% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 170.73% and total cumulative return in cash totals $113,137. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,630/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1979
N/A lot
$N/A/sqft
$606 monthly 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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Listed by: Debbie Hering • DEBBIE HERING REALTY & ASSOC.
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4624122
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