5629 Boulder BlvdSarasotaFL34233
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.48% yield at 5629 Boulder Blvd, Sarasota, FL, 34233 in Sarasota is solid, but the $1,929/mo payment compresses net cash flow to $116/mo at $429,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $118,525 by year five, and $3,951/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.57) without U.S. income documentation. Total projected return: $171,220.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 5.2% |
| Monthly Cash Flow | $116 | $300 |
City averages based on Sarasota market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,032 |
| Total Monthly Debt Service | $2,746 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1978
0.25 Acres lot
$N/A/sqft
$13 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1978
0.25 Acres lot
$N/A/sqft
$13 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dave Beachy • BEACHY PROPERTIES
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4657089
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