1180 Orange AveNokomisFL34275
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Nokomis at 1180 Orange Ave, Nokomis, FL, 34275 generates $5,554/mo in rent and, after a $3,670/mo payment, leaves $578/mo in cash flow. Total monthly income is $5,554/mo, and annual cash flow is $6,935/yr on $246,717 invested. Return on cash invested sits at 22.87% in year one, and rental yield is 8.89% on a $749,900 entry. Equity gained on principal adds $4,839/yr, while 5% annual appreciation builds toward $207,184 over five years. Five-year ROI reaches 119.28% and total cumulative return in cash sums $294,274. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,554/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
8,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34275, Nokomis, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,841 (100%) |
| Owner Occupied HU | 11,024 (69.6%) |
| Renter Occupied HU | 1,762 (11.1%) |
| Vacant Housing Units | 3,055 (19.3%) |
| Median Home Value | $548,324 |
| Average Home Value | $642,080 |
Housing Distribution
Address Breakdown
Residential
14,398
Single Family
13,592
Multi-Family
806
Businesses
447
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