Pays for itselfFits 3 partner lending programs

1257 S Portofino Dr, Apt 104, Sarasota, FL 34242

Sarasota, FL 34242 · 1 bd · 2 ba · 780 sqft · Condo · 24 days on market

The math, in full

Asking price
$449,900
Down payment (15%)
$67,485
Loan amount
$382,415
Est. monthly rent
$6,700/mo
Range $5,695–$7,705/mo
Monthly payment, all-in
$4,653/mo
Mortgage + taxes + insurance (PITIA)
Cashflow ratio (DSCR)
1.44
$6,700 rent ÷ $4,653 payment
Monthly cashflow
+$2,047/mo
What's left after the payment

Where the rent number comes from

Median asking rent for 1-bedroom homes in zip 34242, from current market comps — not a per-property guess. High confidence — plenty of comparable rentals in this zip.

Cash to start

$67,485

15% down on $449,900

Clayhouse Mortgage — FloridaYour local lender
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No credit pull. No obligation. A loan officer confirms real terms within one business day.

  • Screened against real lending criteria — this one fits 3 programs.
  • Qualifies on the property's rent — no W-2 or tax returns.
  • Listing data verified as of June 9, 2026.

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Rent, payment, and cashflow figures are estimates based on current market data and business-purpose investment-loan criteria, for non-owner-occupied property. Not a commitment to lend, not financial advice, and not an offer of any specific loan or property. Listing data may change; properties may sell. All terms confirmed by a loan officer and subject to underwriting and appraisal.