3267 Beneva Rd UNIT 103, Sarasota, FL, 34232 | $170/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3267 Beneva Rd UNIT 103, 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 3267 Beneva Rd UNIT 103, Sarasota, FL, 34232 earns $170/mo cash flow from $1,032/mo rent with a $636/mo payment. Total monthly income totals $1,032/mo, and annual cash flow totals $2,037/yr on $43,062 capital. ROI tracks 24.64% on current figures, and rental yield reads 9.53% at a $129,900 purchase. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 over five years. Five-year ROI reaches 128.82% and total cumulative return in cash sums $55,471. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,032/mo property income instead of your personal income.

Condo

Built in 1979

N/A lot

$N/A/sqft

No HOA

More details about the property

Location, location, location! This well-maintained condo is in the heart of Sarasota with a 1st floor address in the rear of the building with a pleasant view. Village Brooke has one of the lowest Association fees in town and it includes water, cable and so much more! It is just a stones throw from one of the two heated pools at Village Brooke and also from one of the two tennis courts. Also, Village Brooke has shuffleboard, as well as a clubhouse with card tables, a pool table, large screen TV and ping-pong for your entertaining pleasure. The interior layout is surprisingly spacious and very inviting and the sliding glass doors lead out to a private, covered, screened patio. A neutral color palette that is adaptable to your style or easy to customize at your leisure. A walk-in closet in the bedroom, an interior hall storage closet and an exterior storage closet provide ample space for necessities. Community laundry is available in the building. The community has restrictions regarding pets and motorcycles to ensure a peaceful, quiet atmosphere. A LOW monthly fee and convenience to shopping, the hospital area and downtown are what make Village Brooke the ideal place to call home, year-round or seasonally! Come check it out!!!

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