4202 Center Pointe Ln #30, Sarasota, FL, 34233 | 7.93% Rental Yield

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4202 Center Pointe Ln #30, Sarasota, FL, 34233 | 7.93% Rental Yield | Ziffy

For Sale

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

Total monthly income runs $2,160/mo, and a $1,601/mo payment. Purchase price stands at $327,000, and rental yield measures 7.93% with $2,160/mo rent. Return on cash invested shows 19.79% in year one, and 5% annual appreciation builds toward $90,344 over five years. Five-year ROI reaches 102.83% and total cumulative return in cash records $111,473. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,160/mo property income covering a $1,601/mo payment rather than investor’s personal income.

Single Family

Built in 1979

N/A lot

$N/A/sqft

No HOA

More details about the property

One or more photo(s) has been virtually staged. Welcome! Seldom available Villa in the maintenance free community of Center Gate Village can be your new home. This peaceful retreat offers a convenient central Sarasota location, walkable to everything (grocery, coffee, gym, restaurants, banks and more) yet tucked away for privacy, comfort, and easy driving accessibility. Look at the expansive living room as well as a separate family/dining room combination that provides exceptional flexibility for entertaining and everyday living. There is a bonus Glass enclosed Florida room showcasing a light, bright view of the beautiful garden in the backyard. A separate laundry room with utility sink and newer top-of-the-line Samsung washer and dryer sit conveniently just off the kitchen and provide easy access to the spacious two-car garage with a workbench. The kitchen features granite countertops, mosaic tile backsplash, an island cooking space, and newer stainless-steel appliances. The seller has spared no expense throughout the home making it move in ready. You will appreciate the fully ceramic-tiled living areas, beautifully renovated bathrooms with grab bars, no threshold/oversized shower in primary bathroom with bars for use with limited mobility and upscale lighted ceiling fans installed in every room. PET FRIENDLY, low monthly condo fees, irrigated freshly landscaped maintenance free yard and a heated community pool! All of this and a nice lake view from the front of your residence... Schedule your private tour today!

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