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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Sarasota at 1268 11th St UNIT 2402, Sarasota, FL, 34236 generates $2,733/mo in rent, after a $1,904/mo payment. Total monthly income is $2,733/mo. Return on cash invested sits at 13.05% in year one, and rental yield is 8.43% on a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 69.64% and total cumulative return in cash sums $89,802. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,733/mo property income rather than buyer’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$889 monthly HOA
Date | Event | Price |
|---|---|---|
| 2025-03-25 | Listed for sale | $389,000 |
| 2024-12-12 | Sold | $345,000 |
| 2024-09-29 | Pending sale | $375,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-25 | N/A | N/A | $404,400 | 110.06% |
| 2023-03-25 | $2474.20 | 3.99% | $192,513 | 3.00% |
| 2022-03-25 | $2379.22 | 9.98% | $186,906 | 11.28% |
Listed by: Nancie Kalin • MICHAEL SAUNDERS & COMPANY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4645875
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
