332 Cocoanut Ave #503SarasotaFL34236
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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
Total monthly income runs $3,822/mo, and a $5,516/mo payment. Purchase price stands at $1,126,998, and rental yield measures 4.07% with $3,822/mo rent. Return on cash invested shows 7% in year one, and 5% annual appreciation builds toward $311,369 over five years. Five-year ROI reaches 34.64% and total cumulative return in cash records $126,504. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,822/mo property income covering a $5,516/mo payment rather than investor’s personal income.
Condo
Built in 2020
0.48 Acres lot
$N/A/sqft
$410 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Jack Gang • GANGWAY REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #N6133602
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