6628 Draw Ln, Unit 122, Sarasota, FL 34238

Sarasota, FL 34238 · 3 bd · 2 ba · 1,535 sqft · Condo · 55 days on market

The math, in full

Asking price: $274,999
Down payment (15%): $41,250
Loan amount: $233,749
Est. monthly rent: $3,350/mo; Range $2,848 to $3,852/mo
Monthly payment, all-in: $2,687/mo; Mortgage + taxes + insurance (PITIA)
Cashflow ratio (DSCR): 1.25; $3,350 rent ÷ $2,687 payment
Monthly cashflow: +$663/mo; What's left after the payment

Where the rent number comes from

Median asking rent for 3-bedroom homes in zip 34238, from current market comps, not a per-property guess. High confidence: plenty of comparable rentals in this zip.

Cash to start

$41,250

15% down on $274,999

Your local lender

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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 July 5, 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.