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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 3447 Clark Rd APT 246, Sarasota, FL, 34231 listed at $198,000 pairs $1,856/mo rent with a $969/mo payment to leave $542/mo cash flow. Total monthly income runs $1,856/mo, and annual cash flow reaches $6,506/yr on $65,637 cash to close. Return on cash invested measures 29.82% in year one, and rental yield registers 11.25% at a $198,000 basis. Equity gained on principal adds $1,278/yr, and annual property appreciation at 5% supports $54,704 by year five. Five-year ROI tracks 156.65% and total cumulative return in cash totals $102,820. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,856/mo property income relative to a $969/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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: Julianna Tremblay • FINE PROPERTIES
Mls Name: Stellar MLS
Mls ID: #A4651329
