1100 Imperial Dr UNIT 608SarasotaFL34236
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who treat current yield as secondary to long-run equity growth will find 1100 Imperial Dr UNIT 608, Sarasota, FL, 34236 in Sarasota worth modelling. At $599,900 with a 10.25% gross yield, the $5,125/mo rent leaves $114/mo after the $2,698/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.90 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $165,741 by year five; $5,525/yr in principal reduction adds further equity. Total projected return: $302,256.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 5.2% |
| Monthly Cash Flow | $114 | $300 |
City averages based on Sarasota market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,125 |
| Total Monthly Debt Service | $3,742 |
| DSCR Ratio | 1.37x |
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 1971
N/A lot
$N/A/sqft
No 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 1971
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices