150 Medici TerNorth VeniceFL34275
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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 North Venice at 150 Medici Ter, North Venice, FL, 34275 listed at $609,800 pairs $3,118/mo rent with a $2,985/mo payment. Total monthly income runs $3,118/mo. Return on cash invested measures 13.06% in year one, and rental yield registers 6.14% at a $609,800 basis. Equity gained on principal adds $3,935/yr, and annual property appreciation at 5% supports $168,477 by year five. Five-year ROI tracks 67.23% and total cumulative return in cash totals $134,873. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,118/mo property income relative to a $2,985/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
9,583 sqft lot
$N/A/sqft
$53 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34275, Nokomis, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,841 (100%) |
| Owner Occupied HU | 11,024 (69.6%) |
| Renter Occupied HU | 1,762 (11.1%) |
| Vacant Housing Units | 3,055 (19.3%) |
| Median Home Value | $548,324 |
| Average Home Value | $642,080 |
Housing Distribution
Address Breakdown
Residential
14,398
Single Family
13,592
Multi-Family
806
Businesses
447
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Listed by: N/A • N/A
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