








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Sarasota at 966 La Costa Cir UNIT 5, Sarasota, FL, 34237 uses $65,969 cash to close to unlock $3,233/yr annual cash flow and $269/mo monthly cash flow. Total monthly income runs $1,590/mo, and a $974/mo payment keeps the spread at $269/mo. Purchase price stands at $199,000, and rental yield measures 9.59% with $1,590/mo rent. Return on cash invested shows 24.81% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 129.76% and total cumulative return in cash records $85,602. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,590/mo property income covering a $974/mo payment rather than investor’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Joey Lamielle • RE/MAX ALLIANCE GROUP
Mls Name: Stellar MLS
Mls ID: #A4665073