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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Sarasota at 3411 Clark Rd APT 111, Sarasota, FL, 34231 uses $53,040 cash to close to unlock $6,208/yr annual cash flow and $517/mo monthly cash flow. Total monthly income runs $1,579/mo, and a $783/mo payment keeps the spread at $517/mo. Purchase price stands at $160,000, and rental yield measures 11.84% with $1,579/mo rent. Return on cash invested shows 31.61% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 166.25% and total cumulative return in cash records $88,178. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,579/mo property income covering a $783/mo payment rather than investor’s personal income.
Condo
Built in 1974
9.90 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 34231, Sarasota, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,710 (100%) |
| Owner Occupied HU | 10,882 (58.2%) |
| Renter Occupied HU | 4,779 (25.5%) |
| Vacant Housing Units | 3,049 (16.3%) |
| Median Home Value | $488,555 |
| Average Home Value | $655,660 |
Residential
16,928
Single Family
14,567
Multi-Family
2,361
Businesses
1,148
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Susanne Moser • MOSER REALTY CO
Mls Name: Stellar MLS
Mls ID: #O6365981
