914 Plum Tree Ln, Sarasota, FL, 34243 | $166/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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914 Plum Tree Ln, Sarasota, FL, 34243 | $166/mo Cash Flow | Ziffy

For Sale

Airbnb Potential

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Sarasota at 914 Plum Tree Ln, Sarasota, FL, 34243 generates $3,942/mo in rent and, after a $2,785/mo payment, leaves $166/mo in cash flow. Total monthly income is $3,942/mo, and annual cash flow is $1,992/yr on $187,201 invested. Return on cash invested sits at 21.12% in year one, and rental yield is 8.31% on a $569,000 entry. Equity gained on principal adds $3,672/yr, while 5% annual appreciation builds toward $157,204 over five years. Five-year ROI reaches 109.92% and total cumulative return in cash sums $205,763. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,942/mo property income rather than buyer’s personal income.

Single Family

Built in 1985

0.26 Acres lot

$N/A/sqft

No HOA

More details about the property

* NEW Roof * NEW Paint Inside and Outside of house * NEW PEX Plumbing (insulated with armor flex) throughout and run in the attic * NEW Plumbing Shut Off Valves under sinks and toilets plus four NEW Hose Bibbs outside * New Luxury Vinyl Plank Seamless Flooring throughout * NewVinyl Fenced in Backyard * Two Spacious Living Areas; one with Slider to back porch and pool * Open Kitchen with Updated Cabinets and NEW Granite Countertops * Two Full Baths (master and guest) with the guest bathroom having an extra door to the pool * Three Bedrooms (King/King/Queen) each boasting its own Walk-In Closet. Yes, 3 walk-in closets! Master bedroom has slider to the pool too! * Large Pantry Closet and Hallway Closet * Driveway to fit up to 6 Cars easily * Oversized Two-Car Garage with Storage inside and above in attic (pull down stairs) * Large Front and Back Yards beautifully Landscaped with New Vinyl Fenced in backyard great for entertaining and for pets * Front and back porches make nice sitting areas and views day or night * Saved the Best for Last.....Your own 34'x16' POOL with deep end of 8.5' and large concrete deck surrounding with ample seating for any of your needs. You won't find that anywhere!! Pools can't be built that deep anymore in Florida, so this is truly special and unique. The sunsets are amazing to watch from either the front or back yard. Just being able to see the pool from almost every room in this house is so serene. It is centrally located in Whitfield Estates, one of Sarasota's historic gems of neighborhoods. The voluntary HOA of $35/year gets you invited to the HOA meeting, HOA events, and culinary membership to one of the best Golf Clubs - Sarasota Bay Country Club. You are a short walk or bike ride (one mile) to Sarasota Bay. Within 15 miles or less of Siesta Key, Lido Key, Longboat Key, Anna Maria Island, Shopping, and SRQ airport. Close to Tampa/St Pete and Fort Myers. Enjoy the beach, boating, biking, fishing, music, arts, parks, and much more living in Sarasota/Bradenton!!! The location couldn't be better to enjoy all the area or even all Florida has to offer. The airport is so close giving you plenty of travel possibilities for quick or long trips. The past year it has been a short-term vacation rental with Super Host Status. This gives the new owner the option for passive income until they move here or if they want to rent it out when traveling for periods of time. Houses in Whitfield are made of either stick/wood or stucco/block. This home is made of stucco/block making it passed the insurance inspections for hurricane discounts. Vacationers have stayed in this home during Debby, Ian, Helene, and Milton as it was not an evacuation zone.Other advantageous items to this home are that it is located on a cul-de-sac with a park at the end and the electricity is underground where you hardly ever lose power due to storms.

Neighborhood Data

Neighborhood data shown for ZIP Code: 34243, Sarasota, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,532 (100%)
Owner Occupied HU	10,767 (61.4%)
Renter Occupied HU	4,395 (25.1%)
Vacant Housing Units	2,370 (13.5%)
Median Home Value	$453,505
Average Home Value	$504,833