5717 Scarborough LnSarasotaFL34241
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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 5717 Scarborough Ln, Sarasota, FL, 34241 priced at $124,000 pairs $949/mo rent with $126/mo cash flow after a $607/mo payment. Total monthly income equals $949/mo, and annual cash flow comes to $1,512/yr on $41,106 invested. Return on cash invested is 23.59% in year one, and rental yield stands at 9.18% on a $124,000 basis. Equity gained on principal adds $800/yr, and 5% annual appreciation accumulates to $34,259 by year five. Five-year ROI measures 123.29% and total cumulative return in cash reaches $50,679. For financing, Ziffy Mortgage’s DSCR program evaluates $949/mo property income against a $607/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34241, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,262 (100%) |
| Owner Occupied HU | 6,828 (82.6%) |
| Renter Occupied HU | 588 ( 7.1%) |
| Vacant Housing Units | 846 (10.2%) |
| Median Home Value | $584,207 |
| Average Home Value | $629,547 |
Housing Distribution
Address Breakdown
Residential
7,560
Single Family
7,538
Multi-Family
22
Businesses
93
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