7461 W Country Club Dr N APT 206SarasotaFL34243
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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 7461 W Country Club Dr N APT 206, Sarasota, FL, 34243 earns $171/mo cash flow from $1,299/mo rent with a $832/mo payment. Total monthly income totals $1,299/mo, and annual cash flow totals $2,051/yr on $56,355 capital. ROI tracks 23.55% on current figures, and rental yield reads 9.17% at a $170,000 purchase. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 over five years. Five-year ROI reaches 122.94% and total cumulative return in cash sums $69,285. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,299/mo property income instead of your personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34243, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,532 (100%) |
| Owner Occupied HU | 10,767 (61.4%) |
| Renter Occupied HU | 4,395 (25.1%) |
| Vacant Housing Units | 2,370 (13.5%) |
| Median Home Value | $453,505 |
| Average Home Value | $504,833 |
Housing Distribution
Address Breakdown
Residential
15,798
Single Family
12,522
Multi-Family
3,276
Businesses
1,656
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