111 S Pineapple Ave #1102SarasotaFL34236
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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
Rental property for sale in Sarasota at 111 S Pineapple Ave #1102, Sarasota, FL, 34236 generates $4,282/mo in rent, after a $7,708/mo payment. Total monthly income is $4,282/mo. Return on cash invested sits at 3% in year one, and rental yield is 3.26% on a $1,574,900 entry. Equity gained on principal adds $10,163/yr, while 5% annual appreciation builds toward $435,116 over five years. Five-year ROI reaches 13.69% and total cumulative return in cash sums $69,871. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,282/mo property income rather than buyer’s personal income.
Condo
Built in 2019
N/A lot
$N/A/sqft
$1,219 monthly HOA
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Listed by: Emmy Fitzpatrick • KELLER WILLIAMS ON THE WATER S
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4633707
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