1716 Lakeside Dr #1714-BVeniceFL34293
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 1716 Lakeside Dr #1714-B, Venice, FL, 34293 earns $868/mo cash flow from $2,806/mo rent with a $1,429/mo payment. Total monthly income totals $2,806/mo, and annual cash flow totals $10,421/yr on $96,798 capital. ROI tracks 30.67% on current figures, and rental yield reads 11.53% at a $292,000 purchase. Equity gained on principal adds $1,884/yr, and 5% annual appreciation supports $80,674 over five years. Five-year ROI reaches 161.18% and total cumulative return in cash sums $156,020. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,806/mo property income instead of your personal income.
Condo
Built in 1980
N/A 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