111 S Pineapple Ave #1007, Sarasota, FL, 34236 | 2.74% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $4,282/mo, and a $9,177/mo payment. Purchase price stands at $1,875,000, and rental yield measures 2.74% with $4,282/mo rent. Return on cash invested shows 4.25% in year one, and 5% annual appreciation builds toward $518,028 over five years. Five-year ROI reaches 19.38% and total cumulative return in cash records $117,710. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,282/mo property income covering a $9,177/mo payment rather than investor’s personal income.

Condo

Built in 2019

N/A lot

$N/A/sqft

No HOA