6860 Whitman Ct #32-BSarasotaFL34243
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 6860 Whitman Ct #32-B, Sarasota, FL, 34243 in Sarasota: $1,471/mo in rent, $243/mo in net income, 9.54% gross yield, 1.77 DSCR, all at $184,999. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $51,112 in appreciation and $1,704/yr in principal paydown projects total cumulative return of $86,165.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 5.2% |
| Monthly Cash Flow | $243 | $300 |
City averages based on Sarasota market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,471 |
| Total Monthly Debt Service | $1,154 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1973
16.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34243, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,532 (100%) |
| Owner Occupied HU | 10,767 (61.4%) |
| Renter Occupied HU | 4,395 (25.1%) |
| Vacant Housing Units | 2,370 (13.5%) |
| Median Home Value | $453,505 |
| Average Home Value | $504,833 |
Housing Distribution
Address Breakdown
Residential
15,798
Single Family
12,522
Multi-Family
3,276
Businesses
1,656
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1973
16.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34243, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,532 (100%) |
| Owner Occupied HU | 10,767 (61.4%) |
| Renter Occupied HU | 4,395 (25.1%) |
| Vacant Housing Units | 2,370 (13.5%) |
| Median Home Value | $453,505 |
| Average Home Value | $504,833 |
Housing Distribution
Address Breakdown
Residential
15,798
Single Family
12,522
Multi-Family
3,276
Businesses
1,656
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices