240 Teramo WayNokomisFL34275
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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 240 Teramo Way, Nokomis, FL, 34275 generates $3,913/mo in rent and, after a $2,300/mo payment, leaves $221/mo in cash flow. Total monthly income is $3,913/mo, and annual cash flow is $2,656/yr on $155,805 invested. Return on cash invested sits at 21.61% in year one, and rental yield is 9.99% on a $470,000 entry. Equity gained on principal adds $3,033/yr, while 5% annual appreciation builds toward $129,852 over five years. Five-year ROI reaches 114.18% and total cumulative return in cash sums $177,897. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,913/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
5,087 sqft lot
$N/A/sqft
$230 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: Domenica Riggio • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #N6134753
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