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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Sarasota at 5122 Northridge Rd UNIT 210, Sarasota, FL, 34238 generates $2,173/mo in rent and, after a $1,218/mo payment, leaves $522/mo in cash flow. Total monthly income is $2,173/mo, and annual cash flow is $6,258/yr on $82,510 invested. Return on cash invested sits at 27.49% in year one, and rental yield is 10.48% on a $248,900 entry. Equity gained on principal adds $1,606/yr, while 5% annual appreciation builds toward $68,766 over five years. Five-year ROI reaches 144.13% and total cumulative return in cash sums $118,921. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,173/mo property income rather than buyer’s personal income.
Condo
Built in 1999
30.95 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 34238, Sarasota, FL area.
| 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 |
Residential
14,678
Single Family
9,604
Multi-Family
5,074
Businesses
373
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Andre LeClair • ANDRE LECLAIR PROPERTIES LLC
Mls Name: Stellar MLS
Mls ID: #A4674657
