3921 Mediterranea Cir #212SarasotaFL34233
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3921 Mediterranea Cir #212, Sarasota, FL, 34233 generates $1,472/mo in rent and, after a $1,038/mo payment, leaves $65/mo in cash flow. Total monthly income is $1,472/mo, and annual cash flow is $777/yr on $70,278 invested. Return on cash invested sits at 21.01% in year one, and rental yield is 8.33% on a $212,000 entry. Equity gained on principal adds $1,368/yr, while 5% annual appreciation builds toward $58,572 over five years. Five-year ROI reaches 109.38% and total cumulative return in cash sums $76,867. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,472/mo property income rather than buyer’s personal income.
Condo
Built in 2005
4.24 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices