500 N Jefferson Ave APT G5SarasotaFL34237
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowAt 1.95, 500 N Jefferson Ave APT G5, Sarasota, FL, 34237 in Sarasota sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 10.51%. The 10.51% yield is backed by 5% annual appreciation projecting $48,349 in value gain, plus $1,612/yr in principal reduction. Total projected cumulative return: $63,597.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 5.2% |
| Monthly Cash Flow | $(79) | $300 |
City averages based on Sarasota market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,532 |
| Total Monthly Debt Service | $1,542 |
| DSCR Ratio | 0.99x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1974
N/A lot
$N/A/sqft
$450 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34237, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,353 (100%) |
| Owner Occupied HU | 3,743 (40.0%) |
| Renter Occupied HU | 3,912 (41.8%) |
| Vacant Housing Units | 1,698 (18.2%) |
| Median Home Value | $350,668 |
| Average Home Value | $494,000 |
Housing Distribution
Address Breakdown
Residential
7,701
Single Family
5,845
Multi-Family
1,856
Businesses
845
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
Condo
Built in 1974
N/A lot
$N/A/sqft
$450 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34237, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,353 (100%) |
| Owner Occupied HU | 3,743 (40.0%) |
| Renter Occupied HU | 3,912 (41.8%) |
| Vacant Housing Units | 1,698 (18.2%) |
| Median Home Value | $350,668 |
| Average Home Value | $494,000 |
Housing Distribution
Address Breakdown
Residential
7,701
Single Family
5,845
Multi-Family
1,856
Businesses
845
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Horvat, LLC • COMPASS FLORIDA LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4654090
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