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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Sarasota at 900 La Costa Cir UNIT 4, Sarasota, FL, 34237 offers $1,955/mo rent that, after a $1,003/mo payment, leaves $28/mo cash flow. Total monthly income is $1,955/mo, and annual cash flow is $338/yr on $67,954 cash. Return on cash invested measures 20.41% in year one, and rental yield stands at 11.44% at a $204,990 entry. Equity gained on principal adds $1,323/yr while 5% annual appreciation compounds into $56,635 by year five. Five-year ROI records 109.77% and total cumulative return in cash reaches $74,595. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,955/mo property income versus a $1,003/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1972
9.07 Acres lot
$N/A/sqft
$534 monthly HOA
Neighborhood data shown for ZIP Code: 34237, Sarasota, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,353 (100%) |
| Owner Occupied HU | 3,743 (40.0%) |
| Renter Occupied HU | 3,912 (41.8%) |
| Vacant Housing Units | 1,698 (18.2%) |
| Median Home Value | $350,668 |
| Average Home Value | $494,000 |
Residential
7,701
Single Family
5,845
Multi-Family
1,856
Businesses
845
Date | Event | Price |
|---|---|---|
| 2025-06-17 | Listed for sale | $204,990 |
| 2025-05-21 | Listing removed | $204,990 |
| 2025-04-26 | Price change | $204,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-17 | $2217.48 | 1.44% | $129,906 | 10.00% |
| 2023-06-17 | $2185.94 | 9.86% | $118,096 | 10.00% |
| 2022-06-17 | $1989.67 | 18.70% | $107,360 | 10.00% |
Listed by: Stephenie Chopek • CHARLES RUTENBERG REALTY INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4656160
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
