Waterwheel Plan, Emerald Landing at Waterside at Lakewood Ranch - Cottage SerSarasotaFL34240
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
Total monthly income equals $5,441/mo, and annual cash flow comes to $9,146/yr on $231,942 invested. Return on cash invested is 24% in year one, and rental yield stands at 9.26% on a $704,990 basis. Equity gained on principal adds $4,549/yr, and 5% annual appreciation accumulates to $194,776 by year five. Five-year ROI measures 125.37% and total cumulative return in cash reaches $290,794. For financing, Ziffy Mortgage’s DSCR program evaluates $5,441/mo property income against a $3,451/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
