3202 Meadow Run DrVeniceFL34293
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 3202 Meadow Run Dr, Venice, FL, 34293 in Venice deserves attention. This $429,700 property earns $4,697/mo in rent, a 13.12% gross yield, and nets $1,645/mo after the $1,932/mo payment. DSCR 2.43 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $118,718 compounds alongside $3,958/yr in yearly equity build, for a total cumulative return of $270,558.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.1% | 5.0% |
| Monthly Cash Flow | $1,645 | $300 |
City averages based on Venice market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,697 |
| Total Monthly Debt Service | $2,881 |
| DSCR Ratio | 1.63x |
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 1985
0.26 Acres lot
$N/A/sqft
$45 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
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 1985
0.26 Acres lot
$N/A/sqft
$45 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices