12346 Destiny DrVeniceFL34292
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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
Investment property for sale in Venice at 12346 Destiny Dr, Venice, FL, 34292 earns $109/mo cash flow from $1,503/mo rent with a $1,028/mo payment. Total monthly income totals $1,503/mo, and annual cash flow totals $1,311/yr on $69,615 capital. ROI tracks 21.79% on current figures, and rental yield reads 8.59% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 113.58% and total cumulative return in cash sums $79,072. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,503/mo property income instead of your personal income.
Townhouse
Built in 2007
1,020 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
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