296 Lazy Shore 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 296 Lazy Shore Dr, Nokomis, FL, 34275 priced at $428,245 pairs $2,552/mo rent with after a $2,096/mo payment. Total monthly income equals $2,552/mo. Return on cash invested is 17.46% in year one, and rental yield stands at 7.15% on a $428,245 basis. Equity gained on principal adds $2,763/yr, and 5% annual appreciation accumulates to $118,316 by year five. Five-year ROI measures 90.3% and total cumulative return in cash reaches $128,200. For financing, Ziffy Mortgage’s DSCR program evaluates $2,552/mo property income against a $2,096/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A 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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