365 Andros DrSarasotaFL34233
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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 365 Andros Dr, Sarasota, FL, 34233 uses $33,150 cash to close to unlock $1,414/yr annual cash flow and $118/mo monthly cash flow. Total monthly income runs $781/mo, and a $489/mo payment keeps the spread at $118/mo. Purchase price stands at $100,000, and rental yield measures 9.37% with $781/mo rent. Return on cash invested shows 24.17% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 126.31% and total cumulative return in cash records $41,872. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $781/mo property income covering a $489/mo payment rather than investor’s personal income.
Manufactured
Built in 1970
4,404 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34233, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,511 (100%) |
| Owner Occupied HU | 6,507 (68.4%) |
| Renter Occupied HU | 1,991 (20.9%) |
| Vacant Housing Units | 1,013 (10.7%) |
| Median Home Value | $456,910 |
| Average Home Value | $483,490 |
Housing Distribution
Address Breakdown
Residential
9,028
Single Family
7,368
Multi-Family
1,660
Businesses
1,054
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