1191 Southland RdVeniceFL34293
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
Investment property for sale in Venice at 1191 Southland Rd, Venice, FL, 34293 uses $128,954 cash to close to unlock $15,198/yr annual cash flow and $1,266/mo monthly cash flow. Total monthly income runs $3,848/mo, and a $1,904/mo payment keeps the spread at $1,266/mo. Purchase price stands at $389,000, and rental yield measures 11.87% with $3,848/mo rent. Return on cash invested shows 31.69% in year one, and 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 166.64% and total cumulative return in cash records $214,890. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,848/mo property income covering a $1,904/mo payment rather than investor’s personal income.
Single Family
Built in 1979
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34293, Venice, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,779 (100%) |
| Owner Occupied HU | 22,504 (73.1%) |
| Renter Occupied HU | 2,894 ( 9.4%) |
| Vacant Housing Units | 5,381 (17.5%) |
| Median Home Value | $466,786 |
| Average Home Value | $549,555 |
Housing Distribution
Address Breakdown
Residential
28,076
Single Family
24,587
Multi-Family
3,489
Businesses
563
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices