610 N Tuttle Ave, Sarasota, FL, 34237 | 3.31% Rental Yield

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Price: $300K - 500K

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610 N Tuttle Ave, Sarasota, FL, 34237 | 3.31% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Sarasota at 610 N Tuttle Ave, Sarasota, FL, 34237 generates $2,600/mo in rent, after a $4,611/mo payment. Total monthly income is $2,600/mo. Return on cash invested sits at 5.92% in year one, and rental yield is 3.31% on a $942,000 entry. Equity gained on principal adds $6,079/yr, while 5% annual appreciation builds toward $260,257 over five years. Five-year ROI reaches 28.4% and total cumulative return in cash sums $88,006. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,600/mo property income rather than buyer’s personal income.

Single Family

Built in 2026

5,483 sqft lot

$N/A/sqft

No HOA

More details about the property

Pre-Construction. To be built. Pre-Construction. To be built by LGM Homes Customization Available! This is your opportunity to build your dream home in the heart of Sarasota with trusted local builder LGM Homes. Ideally located just minutes from downtown Sarasota, Payne Park, The Legacy Trail, and world-famous beaches, this future residence offers 4 bedrooms, 2.5 bathrooms, and an open-concept layout designed for modern living. Thoughtfully planned with high-end finishes and premium construction, the home will feature soaring 10-foot ceilings, impact-rated windows and doors, Quartz countertops, designer cabinetry, luxury flooring, solid block construction, a sleek and durable metal roof, an optional pool and outdoor entertainment area, and a 2-car garage. Make it your own! Because the home has not yet been built, buyers have the unique opportunity to customize many of the features and finishes to suit their personal taste and lifestylefrom flooring and tile to cabinetry and appliance packages. Whether you're seeking modern minimalism, warm coastal charm, or bold contemporary style, LGM Homes will work with you to bring your vision to life. Located within Sarasota city limits, the property may also qualify for short-term daily and weekly rentalsoffering outstanding income potential in one of Floridas most desirable markets. Don't miss this rare chance to design a truly one-of-a-kind home in a prime location. Contact us today to explore customization options and secure your build with LGM Homes.

Neighborhood Data

Neighborhood data shown for ZIP Code: 34237, Sarasota, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,353 (100%)
Owner Occupied HU	3,743 (40.0%)
Renter Occupied HU	3,912 (41.8%)
Vacant Housing Units	1,698 (18.2%)
Median Home Value	$350,668
Average Home Value	$494,000