3441 Beekman Pl #40SarasotaFL34235
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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
Investment property for sale in Sarasota at 3441 Beekman Pl #40, Sarasota, FL, 34235 uses $96,135 cash to close to unlock $347/yr annual cash flow and $29/mo monthly cash flow. Total monthly income runs $1,953/mo, and a $1,419/mo payment keeps the spread at $29/mo. Purchase price stands at $290,000, and rental yield measures 8.08% with $1,953/mo rent. Return on cash invested shows 20.27% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 105.34% and total cumulative return in cash records $101,272. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,953/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Condo
Built in 1990
2.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34235, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,528 (100%) |
| Owner Occupied HU | 5,314 (62.3%) |
| Renter Occupied HU | 1,905 (22.3%) |
| Vacant Housing Units | 1,309 (15.3%) |
| Median Home Value | $431,923 |
| Average Home Value | $497,906 |
Housing Distribution
Address Breakdown
Residential
8,109
Single Family
6,639
Multi-Family
1,470
Businesses
116
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