1064 N Tamiami Trl UNIT 1324,Sarasota,FL,34236

Investment Highlights

Rental property for sale in Sarasota at 1064 N Tamiami Trl UNIT 1324, Sarasota, FL, 34236 generates $2,488/mo in rent and, after a $1,664/mo payment, leaves $232/mo in cash flow. Total monthly income is $2,488/mo, and annual cash flow is $2,782/yr on $112,710 invested. Return on cash invested sits at 22.38% in year one, and rental yield is 8.78% on a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 116.65% and total cumulative return in cash sums $131,478. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,488/mo property income rather than buyer’s personal income.