Louvre Plan, ArtistrySarasotaFL34240
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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
Rental property for sale in Sarasota at Louvre Plan, Artistry, Sarasota, FL, 34240 priced at $779,990 pairs $6,588/mo rent with $1,037/mo cash flow after a $3,818/mo payment. Total monthly income equals $6,588/mo, and annual cash flow comes to $12,438/yr on $256,617 invested. Return on cash invested is 24.91% in year one, and rental yield stands at 10.14% on a $779,990 basis. Equity gained on principal adds $5,033/yr, and 5% annual appreciation accumulates to $215,497 by year five. Five-year ROI measures 130.84% and total cumulative return in cash reaches $335,761. For financing, Ziffy Mortgage’s DSCR program evaluates $6,588/mo property income against a $3,818/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$375 monthly 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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