Daphne Plan, Magnolia Bay - Classic Series1o2k5f NokomisFL34241
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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
Total monthly income equals $3,392/mo, and annual cash flow totals $7,970/yr on $136,243 invested. Return on cash invested prints 25.76% in year one, and rental yield reads 9.9% against a $410,990 entry. Equity gained on principal adds $2,652/yr, while 5% annual appreciation compiles into $113,549 by year five. Five-year ROI reaches 134.83% and total cumulative return in cash sums $183,694. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,392/mo property income covering a $2,012/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34241, Sarasota, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,262 (100%) |
| Owner Occupied HU | 6,828 (82.6%) |
| Renter Occupied HU | 588 ( 7.1%) |
| Vacant Housing Units | 846 (10.2%) |
| Median Home Value | $584,207 |
| Average Home Value | $629,547 |
Housing Distribution
Address Breakdown
Residential
7,560
Single Family
7,538
Multi-Family
22
Businesses
93
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Listed by: N/A • Meritage Homes
Mls Name: Meritage Homes
Mls Provider:
Mls ID: #N/A