1508 Lugano Cir, Nokomis, FL, 34275 | $605/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1508 Lugano Cir, Nokomis, FL, 34275 | $605/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Listed for sale 4 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Nokomis at 1508 Lugano Cir, Nokomis, FL, 34275 uses $196,081 cash to close to unlock $7,260/yr annual cash flow and $605/mo monthly cash flow. Total monthly income runs $4,560/mo, and a $2,917/mo payment keeps the spread at $605/mo. Purchase price stands at $595,990, and rental yield measures 9.18% with $4,560/mo rent. Return on cash invested shows 23.76% in year one, and 5% annual appreciation builds toward $164,661 over five years. Five-year ROI reaches 124.06% and total cumulative return in cash records $243,265. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,560/mo property income covering a $2,917/mo payment rather than investor’s personal income.

Single Family

Built in 2025

9,800 sqft lot

$N/A/sqft

No HOA

More details about the property

Under Construction. PRICED TO SELL!!!! Welcome home to the Spinnaker model! This thoughtfully designed single-story residence offers 2,002 square feet of living space with an open-concept layout that seamlessly connects the kitchen, dining, and living areas. Featuring 3 bedrooms, including a private owners suite with an en-suite bathroom, and 2 full baths, this home combines comfort and functionality. Enjoy new construction quality and craftsmanship throughout, plus the convenience of single-level living. Located in a desirable Nokomis neighborhood known for its peaceful atmosphere and proximity to parks and nature preserves, this home offers easy access to outdoor recreation and Floridas natural beauty. Come visit us today! Photos show pictures of a previous model; not all features are the same.

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