5611 Bidwell Pkwy UNIT 205SarasotaFL34233
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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 5611 Bidwell Pkwy UNIT 205, Sarasota, FL, 34233 generates $1,588/mo in rent and, after a $1,104/mo payment, leaves $91/mo in cash flow. Total monthly income is $1,588/mo, and annual cash flow is $1,095/yr on $74,753 invested. Return on cash invested sits at 21.37% in year one, and rental yield is 8.45% on a $225,500 entry. Equity gained on principal adds $1,455/yr, while 5% annual appreciation builds toward $62,301 over five years. Five-year ROI reaches 111.34% and total cumulative return in cash sums $83,230. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,588/mo property income rather than buyer’s personal income.
Townhouse
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34233, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,511 (100%) |
| Owner Occupied HU | 6,507 (68.4%) |
| Renter Occupied HU | 1,991 (20.9%) |
| Vacant Housing Units | 1,013 (10.7%) |
| Median Home Value | $456,910 |
| Average Home Value | $483,490 |
Housing Distribution
Address Breakdown
Residential
9,028
Single Family
7,368
Multi-Family
1,660
Businesses
1,054
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