209 Lazy Shore DrNokomisFL34275
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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 209 Lazy Shore Dr, Nokomis, FL, 34275 priced at $375,310 pairs $2,696/mo rent with $127/mo cash flow after a $1,837/mo payment. Total monthly income equals $2,696/mo, and annual cash flow comes to $1,520/yr on $124,415 invested. Return on cash invested is 21.13% in year one, and rental yield stands at 8.62% on a $375,310 basis. Equity gained on principal adds $2,422/yr, and 5% annual appreciation accumulates to $103,691 by year five. Five-year ROI measures 110.26% and total cumulative return in cash reaches $137,176. For financing, Ziffy Mortgage’s DSCR program evaluates $2,696/mo property income against a $1,837/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
6,500 sqft lot
$N/A/sqft
$13 monthly 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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Listed by: Bryan Sumner • MERITAGE HOMES OF FL REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6335147
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511