Fresh Spring Plan, Grand ParkSarasotaFL34241
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 Fresh Spring Plan, Grand Park, Sarasota, FL, 34241 priced at $499,990 pairs $3,592/mo rent with $274/mo cash flow after a $2,447/mo payment. Total monthly income equals $3,592/mo, and annual cash flow comes to $3,290/yr on $165,747 invested. Return on cash invested is 21.89% in year one, and rental yield stands at 8.62% on a $499,990 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,138 by year five. Five-year ROI measures 114.1% and total cumulative return in cash reaches $189,113. For financing, Ziffy Mortgage’s DSCR program evaluates $3,592/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34241, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,262 (100%) |
| Owner Occupied HU | 6,828 (82.6%) |
| Renter Occupied HU | 588 ( 7.1%) |
| Vacant Housing Units | 846 (10.2%) |
| Median Home Value | $584,207 |
| Average Home Value | $629,547 |
Housing Distribution
Address Breakdown
Residential
7,560
Single Family
7,538
Multi-Family
22
Businesses
93
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
