3988 San Luis 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 3988 San Luis Dr, Sarasota, FL, 34235 listed at $439,900 pairs $2,813/mo rent with a $2,153/mo payment. Total monthly income runs $2,813/mo. Return on cash invested measures 19.04% in year one, and rental yield registers 7.67% at a $439,900 basis. Equity gained on principal adds $2,839/yr, and annual property appreciation at 5% supports $121,536 by year five. Five-year ROI tracks 98.73% and total cumulative return in cash totals $143,979. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,813/mo property income relative to a $2,153/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
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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