4699 Chandlers Forde #23SarasotaFL34235
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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 4699 Chandlers Forde #23, Sarasota, FL, 34235 offers a 9.91% rental yield on a $410,000 purchase with $3,386/mo rent. Total monthly income registers $3,386/mo, and a $2,007/mo payment leaves $665/mo available for distribution. Annual cash flow reaches $7,979/yr on $135,915 to close, and return on cash invested stands at 25.78% in year one. Equity gained on principal adds $2,646/yr while 5% annual appreciation supports $113,275 over five years. Portfolio math shows five-year ROI at 134.91% and total cumulative return in cash at $183,359. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,386/mo property income against a $2,007/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
N/A lot
$N/A/sqft
No 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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