7779 N Holiday DrSarasotaFL34231
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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
Rental property for sale in Sarasota at 7779 N Holiday Dr, Sarasota, FL, 34231 priced at $1,500,000 converts $5,590/mo rent into after a $7,342/mo obligation. Total monthly income equals $5,590/mo. Return on cash invested prints 9.59% in year one, and rental yield reads 4.47% against a $1,500,000 entry. Equity gained on principal adds $9,679/yr, while 5% annual appreciation compiles into $414,422 by year five. Five-year ROI reaches 48.03% and total cumulative return in cash sums $233,423. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,590/mo property income covering a $7,342/mo payment, not borrower’s personal income.
Single Family
Built in 1976
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34231, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,710 (100%) |
| Owner Occupied HU | 10,882 (58.2%) |
| Renter Occupied HU | 4,779 (25.5%) |
| Vacant Housing Units | 3,049 (16.3%) |
| Median Home Value | $488,555 |
| Average Home Value | $655,660 |
Housing Distribution
Address Breakdown
Residential
16,928
Single Family
14,567
Multi-Family
2,361
Businesses
1,148
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