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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 4035 S School Ave APT C3, Sarasota, FL, 34231 earns from $920/mo rent with a $578/mo payment. Total monthly income totals $920/mo. ROI tracks 4.26% on current figures, and rental yield reads 9.36% at a $118,000 purchase. Equity gained on principal adds $761/yr, and 5% annual appreciation supports $32,601 over five years. Five-year ROI reaches 26.73% and total cumulative return in cash sums $10,455. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $920/mo property income instead of your personal income.
Condo
Built in 1972
1.67 Acres lot
$N/A/sqft
$595 monthly HOA
Neighborhood data shown for ZIP Code: 34231, Sarasota, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,710 (100%) |
| Owner Occupied HU | 10,882 (58.2%) |
| Renter Occupied HU | 4,779 (25.5%) |
| Vacant Housing Units | 3,049 (16.3%) |
| Median Home Value | $488,555 |
| Average Home Value | $655,660 |
Residential
16,928
Single Family
14,567
Multi-Family
2,361
Businesses
1,148
Date | Event | Price |
|---|---|---|
| 2025-09-15 | Listed for sale | $118,000 |
| 2025-04-14 | Listing removed | $119,000 |
| 2025-03-27 | Price change | $119,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-15 | $1669.82 | 9.52% | $93,800 | 8.77% |
| 2023-09-15 | $1524.72 | 6.52% | $86,240 | 10.00% |
| 2022-09-15 | $1431.33 | 18.57% | $78,400 | 31.99% |
Listed by: Nikki Weiss • KW COASTAL LIVING III
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4665060
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
