301 Quay Cmns #1709SarasotaFL34236
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Sarasota at 301 Quay Cmns #1709, Sarasota, FL, 34236 projects strong ROI of 3.14%. Rental yield 2.45%. With 5% annual appreciation, the property builds $578,810 in value over five years. Equity growth combined delivers a projected five-year ROI of 30.32%, translating into $179,419 in total cumulative return on $591,838 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.5% | 5.2% |
| Monthly Cash Flow | $(9,621) | $300 |
City averages based on Sarasota market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,282 |
| Total Monthly Debt Service | $13,069 |
| DSCR Ratio | 0.33x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices