8332 Karpeal DrSarasotaFL34238
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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 8332 Karpeal Dr, Sarasota, FL, 34238 offers $5,152/mo rent that, after a $2,521/mo payment, leaves $1,467/mo cash flow. Total monthly income is $5,152/mo, and annual cash flow is $17,599/yr on $169,435 cash. Return on cash invested measures 30.45% in year one, and rental yield stands at 12% at a $515,000 entry. Equity gained on principal adds $3,323/yr while 5% annual appreciation compounds into $142,285 by year five. Five-year ROI records 160.6% and total cumulative return in cash reaches $272,113. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,152/mo property income versus a $2,521/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
5,643 sqft lot
$N/A/sqft
$237 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: Melinda Vass • CHARLES RUTENBERG REALTY INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4632664
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