1100 Tarpon Center Dr APT 301VeniceFL34285
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 1100 Tarpon Center Dr APT 301, Venice, FL, 34285 in Venice deserves attention. This $554,900 property earns $5,257/mo in rent, a 11.37% gross yield, and nets $735/mo after the $2,495/mo payment. DSCR 2.11 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $153,309 compounds alongside $5,111/yr in yearly equity build, for a total cumulative return of $312,847.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 5.0% |
| Monthly Cash Flow | $735 | $300 |
City averages based on Venice market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,257 |
| Total Monthly Debt Service | $3,462 |
| DSCR Ratio | 1.52x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1967
1.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34285, Venice, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,982 (100%) |
| Owner Occupied HU | 8,761 (54.8%) |
| Renter Occupied HU | 2,024 (12.7%) |
| Vacant Housing Units | 5,197 (32.5%) |
| Median Home Value | $418,517 |
| Average Home Value | $567,434 |
Housing Distribution
Address Breakdown
Residential
14,066
Single Family
9,629
Multi-Family
4,437
Businesses
1,258
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
Condo
Built in 1967
1.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34285, Venice, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,982 (100%) |
| Owner Occupied HU | 8,761 (54.8%) |
| Renter Occupied HU | 2,024 (12.7%) |
| Vacant Housing Units | 5,197 (32.5%) |
| Median Home Value | $418,517 |
| Average Home Value | $567,434 |
Housing Distribution
Address Breakdown
Residential
14,066
Single Family
9,629
Multi-Family
4,437
Businesses
1,258
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices