95 S Briggs AveSarasotaFL34237
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 95 S Briggs Ave, Sarasota, FL, 34237 priced at $449,000 converts $4,242/mo rent into $1,262/mo cash flow after a $2,198/mo obligation. Total monthly income equals $4,242/mo, and annual cash flow totals $15,144/yr on $148,844 invested. Return on cash invested prints 30.08% in year one, and rental yield reads 11.34% against a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation compiles into $124,050 by year five. Five-year ROI reaches 157.97% and total cumulative return in cash sums $235,132. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,242/mo property income covering a $2,198/mo payment, not borrower’s personal income.
Single Family
Built in 1974
8,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34237, Sarasota, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,701
Single Family
5,845
Multi-Family
1,856
Businesses
845
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices