273 Royal Oak WayVeniceFL34292
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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 273 Royal Oak Way, Venice, FL, 34292 with 5% annual appreciation on a $810,000 basis while $5,890/mo rent supports operations. Total monthly income totals $5,890/mo and a $3,965/mo payment preserves $514/mo for cash returns. Annual cash flow comes to $6,171/yr on $266,490 deployed, and return on cash invested reaches 22.38% in year one. Equity gained on principal adds $5,227/yr, and five-year appreciation sums $223,788 alongside rental yield of 8.73%. Five-year ROI measures 116.64% and total cumulative return in cash totals $310,827.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,890/mo property income versus a $3,965/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1994
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34292, Venice, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,605 (100%) |
| Owner Occupied HU | 7,537 (64.9%) |
| Renter Occupied HU | 2,069 (17.8%) |
| Vacant Housing Units | 1,999 (17.2%) |
| Median Home Value | $492,586 |
| Average Home Value | $548,494 |
Housing Distribution
Address Breakdown
Residential
10,659
Single Family
8,696
Multi-Family
1,963
Businesses
475
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