200 Cocoanut Ave APT 1SarasotaFL34236
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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 200 Cocoanut Ave APT 1, Sarasota, FL, 34236 at $1,299,000 posts ROI 7.7% with from $5,077/mo rent. Total monthly income equals $5,077/mo. Return on cash invested measures 7.7% and rental yield reads 4.69% at the current $1,299,000. Equity gained on principal adds $8,382/yr, and 5% annual appreciation supports $358,890 by year five. Five-year ROI prints 38.81% and total cumulative return in cash totals $163,345. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,077/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2000
1,724 sqft lot
$N/A/sqft
$900 monthly HOA
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Listed by: Curt Ware • KW COASTAL LIVING III
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4656898
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