3704 Prairie Dunes DrSarasotaFL34238
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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
Rental property for sale in Sarasota at 3704 Prairie Dunes Dr, Sarasota, FL, 34238 priced at $875,000 converts $5,428/mo rent into after a $4,283/mo obligation. Total monthly income equals $5,428/mo. Return on cash invested prints 18.48% in year one, and rental yield reads 7.44% against a $875,000 entry. Equity gained on principal adds $5,646/yr, while 5% annual appreciation compiles into $241,746 by year five. Five-year ROI reaches 95.75% and total cumulative return in cash sums $275,651. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,428/mo property income covering a $4,283/mo payment, not borrower’s personal income.
Single Family
Built in 1983
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34238, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,858 (100%) |
| Owner Occupied HU | 9,980 (62.9%) |
| Renter Occupied HU | 2,792 (17.6%) |
| Vacant Housing Units | 3,086 (19.5%) |
| Median Home Value | $612,148 |
| Average Home Value | $672,108 |
Housing Distribution
Address Breakdown
Residential
14,678
Single Family
9,604
Multi-Family
5,074
Businesses
373
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