7922 Pinegrove CtSarasotaFL34238
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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 7922 Pinegrove Ct, Sarasota, FL, 34238 uses $119,804 cash to close to unlock $1,435/yr annual cash flow and $120/mo monthly cash flow. Total monthly income runs $3,016/mo, and a $1,769/mo payment keeps the spread at $120/mo. Purchase price stands at $361,400, and rental yield measures 10.01% with $3,016/mo rent. Return on cash invested shows 21.11% in year one, and 5% annual appreciation builds toward $99,848 over five years. Five-year ROI reaches 111.68% and total cumulative return in cash records $133,793. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,016/mo property income covering a $1,769/mo payment rather than investor’s personal income.
Single Family
Built in 1983
12.63 Acres lot
$N/A/sqft
$498 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34238, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,858 (100%) |
| Owner Occupied HU | 9,980 (62.9%) |
| Renter Occupied HU | 2,792 (17.6%) |
| Vacant Housing Units | 3,086 (19.5%) |
| Median Home Value | $612,148 |
| Average Home Value | $672,108 |
Housing Distribution
Address Breakdown
Residential
14,678
Single Family
9,604
Multi-Family
5,074
Businesses
373
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