1100 Imperial Dr UNIT 608SarasotaFL34236
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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 1100 Imperial Dr UNIT 608, Sarasota, FL, 34236 offers a 10.25% rental yield on a $599,900 purchase with $5,125/mo rent. Total monthly income registers $5,125/mo, and a $2,936/mo payment leaves $1,144/mo available for distribution. Annual cash flow reaches $13,730/yr on $197,367 to close, and return on cash invested stands at 27.02% in year one. Equity gained on principal adds $3,871/yr while 5% annual appreciation supports $165,741 over five years. Portfolio math shows five-year ROI at 141.53% and total cumulative return in cash at $279,328. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,125/mo property income against a $2,936/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
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