244 Cassano DrNokomisFL34275
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 244 Cassano Dr, Nokomis, FL, 34275 offers $4,540/mo rent that, after a $2,719/mo payment, leaves $853/mo cash flow. Total monthly income is $4,540/mo, and annual cash flow is $10,241/yr on $182,778 cash. Return on cash invested measures 25.66% in year one, and rental yield stands at 9.81% at a $555,555 entry. Equity gained on principal adds $3,585/yr while 5% annual appreciation compounds into $153,490 by year five. Five-year ROI records 134.27% and total cumulative return in cash reaches $245,414. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,540/mo property income versus a $2,719/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
5,741 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices