62 La Costa Dr #62NokomisFL34275
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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 62 La Costa Dr #62, Nokomis, FL, 34275 generates $915/mo in rent and, after a $562/mo payment, leaves $153/mo in cash flow. Total monthly income is $915/mo, and annual cash flow is $1,835/yr on $38,089 invested. Return on cash invested sits at 24.73% in year one, and rental yield is 9.56% on a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 129.24% and total cumulative return in cash sums $49,226. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $915/mo property income rather than buyer’s personal income.
Manufactured
Built in 1977
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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