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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Sarasota at 845 Benjamin Franklin Dr UNIT 202, Sarasota, FL, 34236 earns from $3,025/mo rent with a $2,080/mo payment. Total monthly income totals $3,025/mo. ROI tracks 11.05% on current figures, and rental yield reads 8.54% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 59.75% and total cumulative return in cash sums $84,185. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,025/mo property income instead of your personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$1,173 monthly HOA
Date | Event | Price |
|---|---|---|
| 2024-12-16 | Price change | $425,000 |
| 2024-09-16 | Price change | $440,000 |
| 2024-08-09 | Listed for sale | $450,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | N/A | N/A | $287,496 | 10.00% |
| 2023-02-14 | $4645.97 | 13.93% | $261,360 | 10.00% |
| 2022-02-14 | $4077.93 | 16.06% | $237,600 | 10.00% |
Listed by: Lynne Reda • BRIGHT REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4618959
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
