7813 Castleisland DrSarasotaFL34240
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
Investment Highlights
Investment property for sale in Sarasota at 7813 Castleisland Dr, Sarasota, FL, 34240 earns $1,034/mo cash flow from $4,319/mo rent with a $2,423/mo payment. Total monthly income totals $4,319/mo, and annual cash flow totals $12,406/yr on $164,093 capital. ROI tracks 27.47% on current figures, and rental yield reads 10.47% at a $495,000 purchase. Equity gained on principal adds $3,194/yr, and 5% annual appreciation supports $136,759 over five years. Five-year ROI reaches 143.97% and total cumulative return in cash sums $236,242. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,319/mo property income instead of your personal income.
Single Family
Built in 2001
8,184 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices