6233 Isla Del Ray AveSarasotaFL34240
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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
Investment property for sale in Sarasota at 6233 Isla Del Ray Ave, Sarasota, FL, 34240 offers a 16.35% rental yield on a $341,300 purchase with $4,650/mo rent. Total monthly income registers $4,650/mo, and a $1,670/mo payment leaves $2,173/mo available for distribution. Annual cash flow reaches $26,070/yr on $113,141 to close, and return on cash invested stands at 42.95% in year one. Equity gained on principal adds $2,202/yr while 5% annual appreciation supports $94,295 over five years. Portfolio math shows five-year ROI at 227.83% and total cumulative return in cash at $257,766. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,650/mo property income against a $1,670/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34240, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,318 (100%) |
| Owner Occupied HU | 6,981 (56.7%) |
| Renter Occupied HU | 2,400 (19.5%) |
| Vacant Housing Units | 2,937 (23.8%) |
| Median Home Value | $758,190 |
| Average Home Value | $813,548 |
Housing Distribution
Address Breakdown
Residential
8,863
Single Family
6,961
Multi-Family
1,902
Businesses
1,239
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