4045 Crockers Lake Blvd APT 2215, Sarasota, FL, 34238 | $603/mo Cash Flow

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4045 Crockers Lake Blvd APT 2215, Sarasota, FL, 34238 | $603/mo Cash Flow | Ziffy

For Sale

Listed for sale 4 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Sarasota at 4045 Crockers Lake Blvd APT 2215, Sarasota, FL, 34238 earns $603/mo cash flow from $2,322/mo rent with a $1,268/mo payment. Total monthly income totals $2,322/mo, and annual cash flow totals $7,235/yr on $85,859 capital. ROI tracks 28.34% on current figures, and rental yield reads 10.76% at a $259,000 purchase. Equity gained on principal adds $1,671/yr, and 5% annual appreciation supports $71,557 over five years. Five-year ROI reaches 148.6% and total cumulative return in cash sums $127,588. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,322/mo property income instead of your personal income.

Condo

Built in 1989

N/A lot

$N/A/sqft

No HOA

More details about the property

One or more photo(s) has been virtually staged. This immaculate, ground-floor unit offers the perfect blend of comfort, style, and convenience, found in the heart of the highly desirable Vintage Grand community in Palmer Ranch, Sarasota. Be greeted by tons of natural light, an open concept living, fresh paint, and tile flooring. The seamless flow from living areas to the modern kitchen is an entertainer's dream;stainless steel appliances, granite counter topsand ample storage, making meal prep a joy. Step out onto one of two private screened-in outdoor areas for quiet mornings or evening unwinds, one of them even includes extra storage for your gear. Unwind in a light-filled bedroom with a generous walk-in closet and an en-suite bathroom. Enjoy the ease of an in-unit washer and dryer. Live the resort lifestyle in the well-maintained community of Vintage Grand, where you have access to two shimmering pool areas, a fully equipped fitness center, tennis courts, playground, and more. The Ymca is next door, so is the Potter Park with sports courts and picnic areas. Legacy Trail with miles of walking and biking trails is just around the corner. Enjoy the ultimate convenience of being only minutes away from dining, shopping, and daily essentials. Plus, you are just a short drive from world-famous Siesta Key beach! This condo offers the comfort, functionality, and proximity youve been searching for. Don't miss out on this opportunity to call Palmer Ranch home. Schedule your private tour today!

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