5210 Wellfleet Dr SSarasotaFL34241
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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 5210 Wellfleet Dr S, Sarasota, FL, 34241 priced at $167,000 converts $1,340/mo rent into $232/mo cash flow after a $817/mo obligation. Total monthly income equals $1,340/mo, and annual cash flow totals $2,786/yr on $55,361 invested. Return on cash invested prints 24.94% in year one, and rental yield reads 9.63% against a $167,000 entry. Equity gained on principal adds $1,078/yr, while 5% annual appreciation compiles into $46,139 by year five. Five-year ROI reaches 130.5% and total cumulative return in cash sums $72,243. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,340/mo property income covering a $817/mo payment, not borrower’s personal income.
Manufactured
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34241, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,262 (100%) |
| Owner Occupied HU | 6,828 (82.6%) |
| Renter Occupied HU | 588 ( 7.1%) |
| Vacant Housing Units | 846 (10.2%) |
| Median Home Value | $584,207 |
| Average Home Value | $629,547 |
Housing Distribution
Address Breakdown
Residential
7,560
Single Family
7,538
Multi-Family
22
Businesses
93
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