3227 Beneva Rd UNIT 201, Sarasota, FL, 34232 | $170/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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3227 Beneva Rd UNIT 201, Sarasota, FL, 34232 | $170/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Sarasota at 3227 Beneva Rd UNIT 201, Sarasota, FL, 34232 uses $76,245 cash to close to unlock $2,045/yr annual cash flow and $170/mo monthly cash flow. Total monthly income runs $1,697/mo, and a $1,126/mo payment keeps the spread at $170/mo. Purchase price stands at $230,000, and rental yield measures 8.85% with $1,697/mo rent. Return on cash invested shows 22.59% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 117.83% and total cumulative return in cash records $89,839. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,697/mo property income covering a $1,126/mo payment rather than investor’s personal income.

Condo

Built in 1979

6.77 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to Village Brooke Condominiums! This hidden gem is tucked away from traffic and noise and surrounded by oak-covered roads, lakes with gazebos, two community pools, lighted tennis courts, pickleball, shuffleboard, grill areas, and a clubhousewhile still being centrally located near all daily necessities. The unit also includes designated parking for added convenience. This completely remodeled second-floor condo features high-end finishes and thoughtful upgrades throughout. The living room showcases Italian porcelain tile, a custom entertainment center with an electric fireplace, and a dry bar. Additional updates include new paint, doors, lighting, fans, crown molding, and baseboards. A screened-in lanai allows natural light to fill the space. The kitchen offers brand-new stainless steel appliances, upgraded blue granite countertops, subway tile backsplash, a granite sink, bright cabinetry, a large pantry/storage closet, and a breakfast bar that opens to the dining room. Down the hallway, an additional storage closet, two bedrooms, and two full bathrooms. Both bedrooms accommodate a king bed, feature upward crown lighting, and overlook green space. The slightly larger primary bedroom includes a custom closet with a built-in safe. The wall between the two bedrooms has been tiled for soundproofing, privacy, and an elevated design finish. Both the primary en-suite bath and guest bath feature large walk-in showers with rain showerheads, sliding glass doors, updated vanities, new toilets, and Italian porcelain tile with mosaic accents. Both bathrooms also include upgraded exhaust fans with Bluetooth speakers for music or podcasts. Just outside the front door is an additional storage closet, and at the bottom of the steps is one of the communitys fenced-in pools with lounge chairs, picnic tables, restrooms, and a pergolaperfect for enjoying Florida weather. The number of amenities included for such a low fee is rare in this market. There is truly nothing like this condo availableschedule your showing today! Location Highlights: 4 miles to Siesta Key Under 1 mile to the Legacy Trail Less than 0.5 miles to numerous restaurants, salons, pet stores, Walgreens, Starbucks, major banks, HomeGoods, gyms, Walmart, Publix, medical centers, golf courses, gas stations, and more

Neighborhood Data

Neighborhood data shown for ZIP Code: 34232, Sarasota, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,470 (100%)
Owner Occupied HU	10,966 (62.8%)
Renter Occupied HU	4,601 (26.3%)
Vacant Housing Units	1,903 (10.9%)
Median Home Value	$419,430
Average Home Value	$505,893