4268 Las Palmas WaySarasotaFL34238
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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 4268 Las Palmas Way, Sarasota, FL, 34238 listed at $1,697,000 pairs $7,568/mo rent with a $8,306/mo payment. Total monthly income runs $7,568/mo. Return on cash invested measures 12.31% in year one, and rental yield registers 5.35% at a $1,697,000 basis. Equity gained on principal adds $10,950/yr, and annual property appreciation at 5% supports $468,850 by year five. Five-year ROI tracks 62.59% and total cumulative return in cash totals $344,125. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,568/mo property income relative to a $8,306/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
0.43 Acres 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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