8303 Deerbrook CirSarasotaFL34238
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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 8303 Deerbrook Cir, Sarasota, FL, 34238 priced at $799,000 pairs $6,044/mo rent with $466/mo cash flow after a $3,911/mo payment. Total monthly income equals $6,044/mo, and annual cash flow comes to $5,597/yr on $262,871 invested. Return on cash invested is 22.19% in year one, and rental yield stands at 9.08% on a $799,000 basis. Equity gained on principal adds $5,156/yr, and 5% annual appreciation accumulates to $220,749 by year five. Five-year ROI measures 116.09% and total cumulative return in cash reaches $305,166. For financing, Ziffy Mortgage’s DSCR program evaluates $6,044/mo property income against a $3,911/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
0.36 Acres lot
$N/A/sqft
$275 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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Listed by: Carey Beychok • RE/MAX ALLIANCE GROUP
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4636676
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