516 Laurel Park Dr, Sarasota, FL, 34236 | 5.66% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Sarasota at 516 Laurel Park Dr, Sarasota, FL, 34236 offers $4,242/mo rent that, after a $4,400/mo payment. Total monthly income is $4,242/mo. Return on cash invested measures 13.07% in year one, and rental yield stands at 5.66% at a $899,000 entry. Equity gained on principal adds $5,801/yr while 5% annual appreciation compounds into $248,377 by year five. Five-year ROI records 66.71% and total cumulative return in cash reaches $197,314. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,242/mo property income versus a $4,400/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Townhouse

Built in 2019

1,559 sqft lot

$N/A/sqft

No HOA