3987 Maceachen Blvd APT 133, Sarasota, FL, 34233 | $93/mo Cash Flow

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3987 Maceachen Blvd APT 133, Sarasota, FL, 34233 | $93/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 3987 Maceachen Blvd APT 133, Sarasota, FL, 34233 offers a 8.5% rental yield on a $209,000 purchase with $1,480/mo rent. Total monthly income registers $1,480/mo, and a $1,023/mo payment leaves $93/mo available for distribution. Annual cash flow reaches $1,116/yr on $69,284 to close, and return on cash invested stands at 21.52% in year one. Equity gained on principal adds $1,349/yr while 5% annual appreciation supports $57,743 over five years. Portfolio math shows five-year ROI at 112.05% and total cumulative return in cash at $77,630. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,480/mo property income against a $1,023/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1978

N/A lot

$N/A/sqft

No HOA

More details about the property

One or more photo(s) has been virtually staged. PRICED FOR A QUICK SALE... RECENTLY RENOVATED REMODELED CONDOMINIUM ON THE TOP FLOOR... Welcome to the friendly community of over 55 years of Tregate East that offers a heated pool, elevator and clubhouse. This unit has two bedrooms and two bathrooms and an assigned garage #133. The unit has a new kitchen, new bathrooms, new imported premium elite bamboo wood floors and new paint everywhere. The renovated kitchen features quartz countertops, pristine maple wood cabinets and drawers, sink under the assembly, glass tile dashboard, custom spice rack, modern faucet, new dishwasher and a ceiling conversion with recessed lighting strategically placed and has a pantry with connection for laundry and dryer. It is located in a beautiful landscape and one of the most sought after neighborhoods of Sarasota, close to many restaurants, shops, entertainment, the golf course and minutes from the Gulf beaches. call for your private visit...

Neighborhood Data

Neighborhood data shown for ZIP Code: 34233, Sarasota, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,511 (100%)
Owner Occupied HU	6,507 (68.4%)
Renter Occupied HU	1,991 (20.9%)
Vacant Housing Units	1,013 (10.7%)
Median Home Value	$456,910
Average Home Value	$483,490