4879 Commonwealth DrSarasotaFL34242
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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 4879 Commonwealth Dr, Sarasota, FL, 34242 at $1,895,000 posts ROI 11.02% with from $7,792/mo rent. Total monthly income equals $7,792/mo. Return on cash invested measures 11.02% and rental yield reads 4.93% at the current $1,895,000. Equity gained on principal adds $12,228/yr, and 5% annual appreciation supports $523,554 by year five. Five-year ROI prints 55.68% and total cumulative return in cash totals $341,861. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,792/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34242, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,363 (100%) |
| Owner Occupied HU | 3,517 (33.9%) |
| Renter Occupied HU | 398 ( 3.8%) |
| Vacant Housing Units | 6,448 (62.2%) |
| Median Home Value | $995,518 |
| Average Home Value | $1,226,830 |
Housing Distribution
Address Breakdown
Residential
6,895
Single Family
3,560
Multi-Family
3,335
Businesses
232
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