5640 Blue Reef PlNokomisFL34275
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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 5640 Blue Reef Pl, Nokomis, FL, 34275 at $725,000 posts ROI 18.12% with from $4,596/mo rent. Total monthly income equals $4,596/mo. Return on cash invested measures 18.12% and rental yield reads 7.61% at the current $725,000. Equity gained on principal adds $4,678/yr, and 5% annual appreciation supports $200,304 by year five. Five-year ROI prints 94.15% and total cumulative return in cash totals $224,573. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,596/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
8,862 sqft lot
$N/A/sqft
$169 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: Traci Creighton • KELLER WILLIAMS ISLAND LIFE REAL ESTATE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #C7501416
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