1001 Benjamin Franklin Dr UNIT 403,Sarasota,FL,34236

Investment Highlights

Investment property for sale in Sarasota at 1001 Benjamin Franklin Dr UNIT 403, Sarasota, FL, 34236 offers a 8.44% rental yield on a $425,000 purchase with $2,989/mo rent. Total monthly income registers $2,989/mo, and a $2,080/mo payment leaves $169/mo available for distribution. Annual cash flow reaches $2,025/yr on $140,888 to close, and return on cash invested stands at 21.35% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 111.14% and total cumulative return in cash at $156,581. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,989/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.