7565 Palmer Glen CirSarasotaFL34240
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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 7565 Palmer Glen Cir, Sarasota, FL, 34240 offers a 8.12% rental yield on a $629,000 purchase with $4,254/mo rent. 91% in year one. Equity gained on principal adds $4,059/yr while 5% annual appreciation supports $173,781 over five years. Portfolio math shows five-year ROI at 103.65% and total cumulative return in cash at $214,485. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,254/mo property income against a $3,079/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
10,313 sqft lot
$N/A/sqft
$105 monthly 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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Listed by: Karie Backman • KELLER WILLIAMS ON THE WATER S
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4625717
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