671 47th StSarasotaFL34234
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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 671 47th St, Sarasota, FL, 34234 offers a 8.64% rental yield on a $540,300 purchase with $3,889/mo rent. Total monthly income registers $3,889/mo, and a $2,645/mo payment leaves $272/mo available for distribution. Annual cash flow reaches $3,259/yr on $177,759 to close, and return on cash invested stands at 21.89% in year one. Equity gained on principal adds $3,486/yr while 5% annual appreciation supports $149,275 over five years. Portfolio math shows five-year ROI at 114.13% and total cumulative return in cash at $202,872. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,889/mo property income against a $2,645/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34234, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,237 (100%) |
| Owner Occupied HU | 5,092 (49.7%) |
| Renter Occupied HU | 3,738 (36.5%) |
| Vacant Housing Units | 1,407 (13.7%) |
| Median Home Value | $261,205 |
| Average Home Value | $383,870 |
Housing Distribution
Address Breakdown
Residential
9,522
Single Family
8,820
Multi-Family
702
Businesses
776
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