1414 Ingram Ave

Sarasota, FL 34232
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3 bd, 2 ba | 1,712 sqft | Built in 1964

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List Price
$395,000

Initial Investment

$107,638

Purchase Price

$395,000

Down Payment

25%

Rent

$2,300

Total Return

$163,388

Annualized Return

19.5%

Cap Rate

4.7%

Gross Yield

7.0%

Cash Flow

-$4,021

Appreciation

8.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,716

HOA

None

Flood Risk

Not Required

LOCATION! LOCATION! LOCATION! 3 Bedroom, 2 Bath, 1 Car Garage. MOVE IN READY and clean as a whistle!!! Solid Block home with terrazzo floors throughout. New Roof in 2015. All facia and soffit covered with aluminum and vinyl at time of new roof. All stucco refinish on entire exterior and sealed. Newer interior doors, front door, knobs, hinges, outlets, switches, a/c vents. Ceiling throughout entire house was scraped, retextured, and painted. New hot water heater in 2016. New Washer & Dryer in July 2018. NO deed restrictions or HOA! Plenty of space for RV or boat parking! Centrally located in the heart of Sarasota, Just a short walk to Der Dutchman Amish restaurant and the Village of Pinecraft, minutes from everything including I-75 and downtown. Shows pride of ownership, Nothing to do but move in! See it today!!

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NEIGHBORHOOD

SCHOOLS

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Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$26,220

Expenses

-$4,667

Property Taxes

-$4,100

Loan Payments

-$21,474

Net Cash Flow

-$4,021

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

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From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Listing Courtesy of:Philip Graber
Agent License 3207441
HARRY ROBBINS ASSOC INC
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #A4629425
Last Updated: 11/18/2024 17:11
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