1146 Deardon DrVeniceFL34292
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
Investment Highlights
Rental property for sale in Venice at 1146 Deardon Dr, Venice, FL, 34292 priced at $625,000 converts $4,154/mo rent into $6/mo cash flow after a $3,059/mo obligation. Total monthly income equals $4,154/mo, and annual cash flow totals $78/yr on $205,625 invested. Return on cash invested prints 20.1% in year one, and rental yield reads 7.98% against a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation compiles into $172,676 by year five. Five-year ROI reaches 104.42% and total cumulative return in cash sums $214,717. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,154/mo property income covering a $3,059/mo payment, not borrower’s personal income.
Single Family
Built in 2007
10,768 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34292, Venice, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,605 (100%) |
| Owner Occupied HU | 7,537 (64.9%) |
| Renter Occupied HU | 2,069 (17.8%) |
| Vacant Housing Units | 1,999 (17.2%) |
| Median Home Value | $492,586 |
| Average Home Value | $548,494 |
Housing Distribution
Address Breakdown
Residential
10,659
Single Family
8,696
Multi-Family
1,963
Businesses
475
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices