6157 Midnight Pass Rd, Apt E22, Sarasota, FL 34242
Sarasota, FL 34242 · 1 bd · 1 ba · 748 sqft · Condo · 102 days on market
The math, in full
- Asking price
- $399,900
- Down payment (15%)
- $59,985
- Loan amount
- $339,915
- Est. monthly rent
- Range $5,695–$7,705/mo
- $6,700/mo
- Monthly payment, all-in
- Mortgage + taxes + insurance (PITIA)
- $3,885/mo
- Cashflow ratio (DSCR)
- $6,700 rent ÷ $3,885 payment
- 1.72
- Monthly cashflow
- What's left after the payment
- +$2,815/mo
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
$59,985
15% down on $399,900
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.