1771 Ringling Blvd UNIT 902,Sarasota,FL,34236

Investment Highlights

Rental property for sale in Sarasota at 1771 Ringling Blvd UNIT 902, Sarasota, FL, 34236 generates $5,590/mo in rent and, after a $3,421/mo payment, leaves $952/mo in cash flow. Total monthly income is $5,590/mo, and annual cash flow is $11,419/yr on $229,971 invested. Return on cash invested sits at 25.03% in year one, and rental yield is 9.6% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 130.84% and total cumulative return in cash sums $300,902. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,590/mo property income rather than buyer’s personal income.