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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Sarasota at 5641 Midnight Pass Rd APT 907, Sarasota, FL, 34242 offers a 8.11% rental yield on a $325,000 purchase with $2,196/mo rent. 28% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 50.45% and total cumulative return in cash at $54,349. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,196/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1975
N/A lot
$N/A/sqft
$924 monthly HOA
Neighborhood data shown for ZIP Code: 34242, Sarasota, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,363 (100%) |
| Owner Occupied HU | 3,517 (33.9%) |
| Renter Occupied HU | 398 ( 3.8%) |
| Vacant Housing Units | 6,448 (62.2%) |
| Median Home Value | $995,518 |
| Average Home Value | $1,226,830 |
Residential
6,895
Single Family
3,560
Multi-Family
3,335
Businesses
232
Date | Event | Price |
|---|---|---|
| 2025-08-07 | Listed for sale | $325,000 |
| 2025-07-06 | Listing removed | N/A |
| 2025-04-06 | Listed for sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-07 | $3727.97 | 3.73% | $272,190 | 10.00% |
| 2023-08-07 | $3593.94 | 8.68% | $247,445 | 10.00% |
| 2022-08-07 | $3306.98 | 15.58% | $224,950 | 10.00% |
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Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
