7217 Rangi DrSarasotaFL34241
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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 7217 Rangi Dr, Sarasota, FL, 34241 earns $26/mo cash flow from $2,538/mo rent with a $1,853/mo payment. Total monthly income totals $2,538/mo, and annual cash flow totals $309/yr on $125,473 capital. ROI tracks 20.16% on current figures, and rental yield reads 8.05% at a $378,500 purchase. Equity gained on principal adds $2,442/yr, and 5% annual appreciation supports $104,573 over five years. Five-year ROI reaches 104.75% and total cumulative return in cash sums $131,434. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,538/mo property income instead of your personal income.
Single Family
Built in 1999
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
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Listed by: Camille Daley • CHARLES RUTENBERG REALTY INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8436029
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511