5715 Fern Oak CtSarasotaFL34232
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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 5715 Fern Oak Ct, Sarasota, FL, 34232 priced at $760,000 pairs $5,926/mo rent with $861/mo cash flow after a $3,720/mo payment. Total monthly income equals $5,926/mo, and annual cash flow comes to $10,336/yr on $250,040 invested. Return on cash invested is 24.19% in year one, and rental yield stands at 9.36% on a $760,000 basis. Equity gained on principal adds $4,904/yr, and 5% annual appreciation accumulates to $209,974 by year five. Five-year ROI measures 126.42% and total cumulative return in cash reaches $316,093. For financing, Ziffy Mortgage’s DSCR program evaluates $5,926/mo property income against a $3,720/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
10,623 sqft lot
$N/A/sqft
$21 monthly 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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Listed by: Lisa Weaver • SHOWTIME REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4630718
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511