3521 Prudence DrSarasotaFL34235
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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 3521 Prudence Dr, Sarasota, FL, 34235 uses $142,512 cash to close to unlock $1,143/yr annual cash flow and $95/mo monthly cash flow. Total monthly income runs $2,948/mo, and a $2,104/mo payment keeps the spread at $95/mo. Purchase price stands at $429,900, and rental yield measures 8.23% with $2,948/mo rent. Return on cash invested shows 20.71% in year one, and 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 107.75% and total cumulative return in cash records $153,559. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,948/mo property income covering a $2,104/mo payment rather than investor’s personal income.
Single Family
Built in 1962
8,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34235, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,528 (100%) |
| Owner Occupied HU | 5,314 (62.3%) |
| Renter Occupied HU | 1,905 (22.3%) |
| Vacant Housing Units | 1,309 (15.3%) |
| Median Home Value | $431,923 |
| Average Home Value | $497,906 |
Housing Distribution
Address Breakdown
Residential
8,109
Single Family
6,639
Multi-Family
1,470
Businesses
116
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