23516 Awabuki Dr #5-201VeniceFL34293
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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 23516 Awabuki Dr #5-201, Venice, FL, 34293 listed at $499,900 pairs $5,676/mo rent with a $2,447/mo payment to leave $1,093/mo cash flow. Total monthly income runs $5,676/mo, and annual cash flow reaches $13,120/yr on $165,717 cash to close. Return on cash invested measures 27.83% in year one, and rental yield registers 13.63% at a $499,900 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,113 by year five. Five-year ROI tracks 149.21% and total cumulative return in cash totals $247,272. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,676/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2016
N/A lot
$N/A/sqft
$1,265 monthly 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
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Listed by: Audrey Smith PA • KELLER WILLIAMS ISLAND LIFE REAL ESTATE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #D6137909
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511