4450 Narraganset Trl #95ASarasotaFL34233
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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 4450 Narraganset Trl #95A, Sarasota, FL, 34233 offers a 9.59% rental yield on a $199,000 purchase with $1,590/mo rent. Total monthly income registers $1,590/mo, and a $974/mo payment leaves $269/mo available for distribution. Annual cash flow reaches $3,233/yr on $65,969 to close, and return on cash invested stands at 24.81% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 129.76% and total cumulative return in cash at $85,602. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,590/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1976
40.49 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
9,028
Single Family
7,368
Multi-Family
1,660
Businesses
1,054
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