1212 Benjamin Franklin Dr APT 607SarasotaFL34236
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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 1212 Benjamin Franklin Dr APT 607, Sarasota, FL, 34236 uses $294,455 cash to close to unlock $11,523/yr annual cash flow and $960/mo monthly cash flow. Total monthly income runs $6,900/mo, and a $4,381/mo payment keeps the spread at $960/mo. Purchase price stands at $895,000, and rental yield measures 9.25% with $6,900/mo rent. Return on cash invested shows 23.97% in year one, and 5% annual appreciation builds toward $247,272 over five years. Five-year ROI reaches 125.2% and total cumulative return in cash records $368,654. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,900/mo property income covering a $4,381/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
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