5316 Altoona StSarasotaFL34232
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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 5316 Altoona St, Sarasota, FL, 34232 with 5% annual appreciation on a $534,999 basis while $3,733/mo rent supports operations. Total monthly income totals $3,733/mo and a $2,619/mo payment preserves $182/mo for cash returns. Annual cash flow comes to $2,187/yr on $176,015 deployed, and return on cash invested reaches 21.3% in year one. Equity gained on principal adds $3,452/yr, and five-year appreciation sums $147,810 alongside rental yield of 8.37%. Five-year ROI measures 110.9% and total cumulative return in cash totals $195,196.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,733/mo property income versus a $2,619/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
7,088 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34232, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,470 (100%) |
| Owner Occupied HU | 10,966 (62.8%) |
| Renter Occupied HU | 4,601 (26.3%) |
| Vacant Housing Units | 1,903 (10.9%) |
| Median Home Value | $419,430 |
| Average Home Value | $505,893 |
Housing Distribution
Address Breakdown
Residential
15,983
Single Family
13,050
Multi-Family
2,933
Businesses
1,194
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