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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Nokomis at 229 Lazy Shore Dr, Nokomis, FL, 34275 offers a 7.27% rental yield on a $422,910 purchase with $2,562/mo rent. 82% in year one. Equity gained on principal adds $2,729/yr while 5% annual appreciation supports $116,842 over five years. Portfolio math shows five-year ROI at 92.22% and total cumulative return in cash at $129,285. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,562/mo property income against a $2,070/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 34275, Nokomis, FL area.
| 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 |
Residential
14,398
Single Family
13,592
Multi-Family
806
Businesses
447
Date | Event | Price |
|---|---|---|
| 2025-04-22 | Listed for sale | $422,910 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Maryna Khamutouskaya • Meritage Homes
Mls Name: Meritage Homes
Mls Provider:
Mls ID: #N/A
