1064 N Tamiami Trl UNIT 1218SarasotaFL34236
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1064 N Tamiami Trl UNIT 1218, Sarasota, FL, 34236 in Sarasota speaks for itself: 25.71% gross on a $574,000 price, generating $12,298/mo in rent and $7,581/mo in net income after the $2,581/mo debt service. DSCR 4.76, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $90,977 stacks alongside $158,586 in projected five-year appreciation and $5,287/yr in principal reduction. Projected total cumulative return: $710,631.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 25.7% | 5.2% |
| Monthly Cash Flow | $7,581 | $300 |
City averages based on Sarasota market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $12,298 |
| Total Monthly Debt Service | $4,488 |
| DSCR Ratio | 2.74x |
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
N/A lot
$N/A/sqft
$897 monthly HOA
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
Condo
Built in 2007
N/A lot
$N/A/sqft
$897 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices