8083 Waterbend TrlSarasotaFL34240
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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 8083 Waterbend Trl, Sarasota, FL, 34240 earns from $6,138/mo rent with a $9,295/mo payment. Total monthly income totals $6,138/mo. ROI tracks 7.76% on current figures, and rental yield reads 3.88% at a $1,899,000 purchase. Equity gained on principal adds $12,254/yr, and 5% annual appreciation supports $524,659 over five years. Five-year ROI reaches 38.2% and total cumulative return in cash sums $235,057. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,138/mo property income instead of your personal income.
Single Family
Built in 2020
0.34 Acres 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
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