7147 Lago StSarasotaFL34241
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 7147 Lago St, Sarasota, FL, 34241 in Sarasota at $399,900 earns $2,826/mo in rent and nets $172/mo after the $1,798/mo payment, a 8.48% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $110,485 over five years. Ziffy Mortgage underwrites this on a 1.57 DSCR without U.S. credit history. With $3,683/yr in principal paydown, total projected return reaches $163,525.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 5.2% |
| Monthly Cash Flow | $172 | $300 |
City averages based on Sarasota market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,826 |
| Total Monthly Debt Service | $2,495 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1977
7,560 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1977
7,560 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices