770 S Palm Ave APT 1201,Sarasota,FL,34236

Investment Highlights

Investment property for sale in Sarasota at 770 S Palm Ave APT 1201, Sarasota, FL, 34236 listed at $829,000 pairs $5,511/mo rent with a $4,058/mo payment to leave $9/mo cash flow. Total monthly income runs $5,511/mo, and annual cash flow reaches $110/yr on $272,741 cash to close. Return on cash invested measures 20.1% in year one, and rental yield registers 7.98% at a $829,000 basis. Equity gained on principal adds $5,349/yr, and annual property appreciation at 5% supports $229,037 by year five. Five-year ROI tracks 104.44% and total cumulative return in cash totals $284,848. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,511/mo property income relative to a $4,058/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).