5508 83rd Ter ESarasotaFL34243
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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 5508 83rd Ter E, Sarasota, FL, 34243 listed at $430,000 pairs $2,876/mo rent with a $2,105/mo payment to leave $22/mo cash flow. Total monthly income runs $2,876/mo, and annual cash flow reaches $265/yr on $142,545 cash to close. Return on cash invested measures 20.09% in year one, and rental yield registers 8.03% at a $430,000 basis. Equity gained on principal adds $2,775/yr, and annual property appreciation at 5% supports $118,801 by year five. Five-year ROI tracks 104.46% and total cumulative return in cash totals $148,899. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,876/mo property income relative to a $2,105/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1989
7,318 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34243, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,532 (100%) |
| Owner Occupied HU | 10,767 (61.4%) |
| Renter Occupied HU | 4,395 (25.1%) |
| Vacant Housing Units | 2,370 (13.5%) |
| Median Home Value | $453,505 |
| Average Home Value | $504,833 |
Housing Distribution
Address Breakdown
Residential
15,798
Single Family
12,522
Multi-Family
3,276
Businesses
1,656
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