4260 Central Sarasota Pkwy APT 213SarasotaFL34238
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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 4260 Central Sarasota Pkwy APT 213, Sarasota, FL, 34238 earns $66/mo cash flow from $1,891/mo rent with a $1,346/mo payment. Total monthly income totals $1,891/mo, and annual cash flow totals $792/yr on $91,163 capital. ROI tracks 20.78% on current figures, and rental yield reads 8.25% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 108.15% and total cumulative return in cash sums $98,591. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,891/mo property income instead of your personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
No 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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