1064 N Tamiami Trl UNIT 1218SarasotaFL34236
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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
Investment Highlights
Investment property for sale in Sarasota at 1064 N Tamiami Trl UNIT 1218, Sarasota, FL, 34236 uses $188,846 cash to close to unlock $90,987/yr annual cash flow and $7,582/mo monthly cash flow. Total monthly income runs $12,298/mo, and a $2,809/mo payment keeps the spread at $7,582/mo. Purchase price stands at $574,000, and rental yield measures 25.71% with $12,298/mo rent. Return on cash invested shows 68.24% in year one, and 5% annual appreciation builds toward $158,586 over five years. Five-year ROI reaches 364.68% and total cumulative return in cash records $688,677. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $12,298/mo property income covering a $2,809/mo payment rather than investor’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$897 monthly HOA
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Listed by: Nancie Kalin • MICHAEL SAUNDERS & COMPANY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4631148
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511