241 Fareham DrVeniceFL34293
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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 241 Fareham Dr, Venice, FL, 34293 at $479,900 posts ROI 25.95% with $801/mo cash flow from $3,986/mo rent. Total monthly income equals $3,986/mo, and annual cash flow records $9,614/yr on $159,087 to close. Return on cash invested measures 25.95% and rental yield reads 9.97% at the current $479,900. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,588 by year five. Five-year ROI prints 135.86% and total cumulative return in cash totals $216,129.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,986/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2000
8,648 sqft 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
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