Sandcastle 2 Plan, Grand ParkSarasotaFL34241
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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 Sandcastle 2 Plan, Grand Park, Sarasota, FL, 34241 with 5% annual appreciation on a $427,990 basis while $4,016/mo rent supports operations. Total monthly income totals $4,016/mo and a $2,095/mo payment preserves $1,176/mo for cash returns. Annual cash flow comes to $14,107/yr on $141,879 deployed, and return on cash invested reaches 29.85% in year one. Equity gained on principal adds $2,762/yr, and five-year appreciation sums $118,246 alongside rental yield of 11.26%. Five-year ROI measures 156.76% and total cumulative return in cash totals $222,404.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,016/mo property income versus a $2,095/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 2025
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
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