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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 3711 Almeria Ave APT 3-N, Sarasota, FL, 34239 listed at $315,000 pairs $2,213/mo rent with a $1,542/mo payment to leave $122/mo cash flow. Total monthly income runs $2,213/mo, and annual cash flow reaches $1,468/yr on $104,423 cash to close. Return on cash invested measures 21.32% in year one, and rental yield registers 8.43% at a $315,000 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,029 by year five. Five-year ROI tracks 110.99% and total cumulative return in cash totals $115,901. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,213/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1979
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 34239, Sarasota, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,192 (100%) |
| Owner Occupied HU | 5,182 (63.3%) |
| Renter Occupied HU | 1,872 (22.9%) |
| Vacant Housing Units | 1,138 (13.9%) |
| Median Home Value | $513,900 |
| Average Home Value | $735,089 |
Residential
7,553
Single Family
7,038
Multi-Family
515
Businesses
862
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: Michelle Ward • COMPASS FLORIDA LLC
Mls Name: Stellar MLS
Mls ID: #A4674172
