177 Savona WayNorth VeniceFL34275
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 177 Savona Way, North Venice, FL, 34275 in North Venice: $4,560/mo in rent, $745/mo in net income, 9.52% gross yield, 1.76 DSCR, all at $574,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $158,834 in appreciation and $5,295/yr in principal paydown projects total cumulative return of $267,070.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.0% |
| Monthly Cash Flow | $745 | $1,200 |
City averages based on North Venice market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,560 |
| Total Monthly Debt Service | $3,586 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2004
8,137 sqft lot
$N/A/sqft
No 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
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
Single Family
Built in 2004
8,137 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Colleen Stone • HOMESMART
Mls Name: Stellar MLS
Mls ID: #N6140171