The Endless Summer Plan, Gracewater SarasotaSarasotaFL34234
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 The Endless Summer Plan, Gracewater Sarasota, Sarasota, FL, 34234 priced at $694,995 converts $4,686/mo rent into after a $3,402/mo obligation. Total monthly income equals $4,686/mo. Return on cash invested prints 19.48% in year one, and rental yield reads 8.09% against a $694,995 entry. Equity gained on principal adds $4,485/yr, while 5% annual appreciation compiles into $192,014 by year five. Five-year ROI reaches 101.43% and total cumulative return in cash sums $231,916. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,686/mo property income covering a $3,402/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$185 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34234, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,237 (100%) |
| Owner Occupied HU | 5,092 (49.7%) |
| Renter Occupied HU | 3,738 (36.5%) |
| Vacant Housing Units | 1,407 (13.7%) |
| Median Home Value | $261,205 |
| Average Home Value | $383,870 |
Housing Distribution
Address Breakdown
Residential
9,522
Single Family
8,820
Multi-Family
702
Businesses
776
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices