761 John Ringling Blvd #5,Sarasota,FL,34236

Investment Highlights

Investment property for sale in Sarasota at 761 John Ringling Blvd #5, Sarasota, FL, 34236 offers a 10.03% rental yield on a $359,000 purchase with $3,000/mo rent. Total monthly income registers $3,000/mo, and a $1,757/mo payment leaves $618/mo available for distribution. Annual cash flow reaches $7,413/yr on $119,009 to close, and return on cash invested stands at 26.14% in year one. Equity gained on principal adds $2,317/yr while 5% annual appreciation supports $99,185 over five years. Portfolio math shows five-year ROI at 136.84% and total cumulative return in cash at $162,847. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $1,757/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.