1953 Settlement Rd #14VeniceFL34285
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 1953 Settlement Rd #14, Venice, FL, 34285 uses $53,040 cash to close to unlock $1,720/yr annual cash flow and $143/mo monthly cash flow. Total monthly income runs $1,205/mo, and a $783/mo payment keeps the spread at $143/mo. Purchase price stands at $160,000, and rental yield measures 9.04% with $1,205/mo rent. Return on cash invested shows 23.15% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 120.89% and total cumulative return in cash records $64,118. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,205/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1984
4.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34285, Venice, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,982 (100%) |
| Owner Occupied HU | 8,761 (54.8%) |
| Renter Occupied HU | 2,024 (12.7%) |
| Vacant Housing Units | 5,197 (32.5%) |
| Median Home Value | $418,517 |
| Average Home Value | $567,434 |
Housing Distribution
Address Breakdown
Residential
14,066
Single Family
9,629
Multi-Family
4,437
Businesses
1,258
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices