Grand Santa Maria II 3 Car Garage Plan, Hampton LakesSarasotaFL34240
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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
Investment Highlights
Investment property for sale in Sarasota at Grand Santa Maria II 3 Car Garage Plan, Hampton Lakes, Sarasota, FL, 34240 with 5% annual appreciation on a $1,309,100 basis while $7,673/mo rent supports operations. 5% in year one. Equity gained on principal adds $8,447/yr, and five-year appreciation sums $361,680 alongside rental yield of 7.03%. Five-year ROI measures 90.43% and total cumulative return in cash totals $383,548. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,673/mo property income versus a $6,407/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34240, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,318 (100%) |
| Owner Occupied HU | 6,981 (56.7%) |
| Renter Occupied HU | 2,400 (19.5%) |
| Vacant Housing Units | 2,937 (23.8%) |
| Median Home Value | $758,190 |
| Average Home Value | $813,548 |
Housing Distribution
Address Breakdown
Residential
8,863
Single Family
6,961
Multi-Family
1,902
Businesses
1,239
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