64 La Costa DrNokomisFL34275
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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 64 La Costa Dr, Nokomis, FL, 34275 offers $1,136/mo rent that, after a $695/mo payment, leaves $194/mo cash flow. Total monthly income is $1,136/mo, and annual cash flow is $2,324/yr on $47,073 cash. Return on cash invested measures 24.85% in year one, and rental yield stands at 9.6% at a $142,000 entry. Equity gained on principal adds $916/yr while 5% annual appreciation compounds into $39,232 by year five. Five-year ROI records 129.96% and total cumulative return in cash reaches $61,178. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,136/mo property income versus a $695/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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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