1111 N Gulfstream Ave APT 8D,Sarasota,FL,34236

Investment Highlights

Investment property for sale in Sarasota at 1111 N Gulfstream Ave APT 8D, Sarasota, FL, 34236 uses $254,975 cash to close to unlock $20,103/yr annual cash flow and $1,675/mo monthly cash flow. Total monthly income runs $6,818/mo, and a $3,793/mo payment keeps the spread at $1,675/mo. Purchase price stands at $775,000, and rental yield measures 10.56% with $6,818/mo rent. Return on cash invested shows 27.94% in year one, and 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 146.5% and total cumulative return in cash records $373,543. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,818/mo property income covering a $3,793/mo payment rather than investor’s personal income.