332 Cocoanut Ave #508, Sarasota, FL, 34236 | 5.6% Rental Yield

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

Total monthly income runs $4,894/mo, and a $5,134/mo payment. Purchase price stands at $1,049,000, and rental yield measures 5.6% with $4,894/mo rent. Return on cash invested shows 13.07% in year one, and 5% annual appreciation builds toward $289,819 over five years. Five-year ROI reaches 66.67% and total cumulative return in cash records $226,612. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,894/mo property income covering a $5,134/mo payment rather than investor’s personal income.

Condo

Built in 2021

N/A lot

$N/A/sqft

No HOA