48 Dade AveSarasotaFL34232
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Sarasota at 48 Dade Ave, Sarasota, FL, 34232 priced at $500,500 pairs $3,096/mo rent with after a $2,450/mo payment. Total monthly income equals $3,096/mo. Return on cash invested is 18.42% in year one, and rental yield stands at 7.42% on a $500,500 basis. Equity gained on principal adds $3,230/yr, and 5% annual appreciation accumulates to $138,279 by year five. Five-year ROI measures 95.41% and total cumulative return in cash reaches $157,113. For financing, Ziffy Mortgage’s DSCR program evaluates $3,096/mo property income against a $2,450/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34232, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,470 (100%) |
| Owner Occupied HU | 10,966 (62.8%) |
| Renter Occupied HU | 4,601 (26.3%) |
| Vacant Housing Units | 1,903 (10.9%) |
| Median Home Value | $419,430 |
| Average Home Value | $505,893 |
Housing Distribution
Address Breakdown
Residential
15,983
Single Family
13,050
Multi-Family
2,933
Businesses
1,194
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices