5290 Hyland Hills Ave UNIT 1926SarasotaFL34241
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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
Investment property for sale in Sarasota at 5290 Hyland Hills Ave UNIT 1926, Sarasota, FL, 34241 uses $92,489 cash to close to unlock $241/yr annual cash flow and $20/mo monthly cash flow. Total monthly income runs $1,872/mo, and a $1,366/mo payment keeps the spread at $20/mo. Purchase price stands at $279,000, and rental yield measures 8.05% with $1,872/mo rent. Return on cash invested shows 20.17% in year one, and 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 104.88% and total cumulative return in cash records $97,003. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,872/mo property income covering a $1,366/mo payment rather than investor’s personal income.
Condo
Built in 2002
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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