5062 Flagstone DrSarasotaFL34238
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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 5062 Flagstone Dr, Sarasota, FL, 34238 priced at $759,400 pairs $4,794/mo rent with after a $3,717/mo payment. Total monthly income equals $4,794/mo. Return on cash invested is 17.61% in year one, and rental yield stands at 7.58% on a $759,400 basis. Equity gained on principal adds $4,900/yr, and 5% annual appreciation accumulates to $209,808 by year five. Five-year ROI measures 91.52% and total cumulative return in cash reaches $228,665. For financing, Ziffy Mortgage’s DSCR program evaluates $4,794/mo property income against a $3,717/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
7,222 sqft lot
$N/A/sqft
$265 monthly 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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Listed by: Leonard Giarrano • RE/MAX ALLIANCE GROUP
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4637358
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511