4940 Thames LnSarasotaFL34238
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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
Rental property for sale in Sarasota at 4940 Thames Ln, Sarasota, FL, 34238 offers $4,825/mo rent that, after a $2,643/mo payment, leaves $1,242/mo cash flow. Total monthly income is $4,825/mo, and annual cash flow is $14,898/yr on $177,660 cash. Return on cash invested measures 28.45% in year one, and rental yield stands at 10.72% at a $540,000 entry. Equity gained on principal adds $3,485/yr while 5% annual appreciation compounds into $149,192 by year five. Five-year ROI records 149.19% and total cumulative return in cash reaches $265,058. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,825/mo property income versus a $2,643/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.27 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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