229 Camelot Dr #229NokomisFL34275
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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
Investment property for sale in Nokomis at 229 Camelot Dr #229, Nokomis, FL, 34275 earns $248/mo cash flow from $1,569/mo rent with a $974/mo payment. Total monthly income totals $1,569/mo, and annual cash flow totals $2,981/yr on $65,969 capital. ROI tracks 24.43% on current figures, and rental yield reads 9.46% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 127.71% and total cumulative return in cash sums $84,246. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,569/mo property income instead of your personal income.
Manufactured
Built in 1982
8,000 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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