1255 N Gulfstream Ave APT 607,Sarasota,FL,34236

Investment Highlights

Investment property for sale in Sarasota at 1255 N Gulfstream Ave APT 607, Sarasota, FL, 34236 listed at $1,550,000 pairs $6,533/mo rent with a $7,586/mo payment. Total monthly income runs $6,533/mo. Return on cash invested measures 11.4% in year one, and rental yield registers 5.06% at a $1,550,000 basis. Equity gained on principal adds $10,002/yr, and annual property appreciation at 5% supports $428,236 by year five. Five-year ROI tracks 57.73% and total cumulative return in cash totals $289,933. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,533/mo property income relative to a $7,586/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).