4203 Schwalbe Dr #115SarasotaFL34235
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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 4203 Schwalbe Dr #115, Sarasota, FL, 34235 uses $49,725 cash to close to unlock $11,469/yr annual cash flow and $956/mo monthly cash flow. Total monthly income runs $2,401/mo, and a $734/mo payment keeps the spread at $956/mo. Purchase price stands at $150,000, and rental yield measures 19.21% with $2,401/mo rent. Return on cash invested shows 42.97% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 231.06% and total cumulative return in cash records $114,894. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,401/mo property income covering a $734/mo payment rather than investor’s personal income.
Condo
Built in 1964
4.24 Acres lot
$N/A/sqft
$450 monthly 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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Listed by: Ziad Sleit • PREMIER SOTHEBY'S INTERNATIONAL REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4656114
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