4142 Central Sarasota Pkwy APT 1426SarasotaFL34238
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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 4142 Central Sarasota Pkwy APT 1426, Sarasota, FL, 34238 offers a 9.31% rental yield on a $172,000 purchase with $1,334/mo rent. 62% in year one. Equity gained on principal adds $1,110/yr while 5% annual appreciation supports $47,520 over five years. Portfolio math shows five-year ROI at 43.55% and total cumulative return in cash at $24,829. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,334/mo property income against a $842/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1998
0.69 Acres lot
$N/A/sqft
$720 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
14,678
Single Family
9,604
Multi-Family
5,074
Businesses
373
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Listed by: Suely Tarr • CENTURY 21 BEGGINS ENTERPRISES
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4659189
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