1064 N Tamiami Trl UNIT 1123SarasotaFL34236
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1064 N Tamiami Trl UNIT 1123, Sarasota, FL, 34236 in Sarasota. Priced at $494,500, it generates $5,975/mo in gross rent and $1,072/mo in net monthly cash flow, a 14.5% yield that comfortably supports the 2.69 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $12,860. Five-year appreciation: $136,621. Equity from principal paydown: $4,554/yr. Total projected cumulative return: $264,513.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.5% | 5.2% |
| Monthly Cash Flow | $1,072 | $300 |
City averages based on Sarasota market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,975 |
| Total Monthly Debt Service | $4,706 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2007
2.28 Acres lot
$N/A/sqft
$1,357 monthly HOA
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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
Condo
Built in 2007
2.28 Acres lot
$N/A/sqft
$1,357 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices