3254 Elliott StVeniceFL34292
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 3254 Elliott St, Venice, FL, 34292 uses $132,269 cash to close to unlock $2,101/yr annual cash flow and $175/mo monthly cash flow. Total monthly income runs $2,823/mo, and a $1,953/mo payment keeps the spread at $175/mo. Purchase price stands at $399,000, and rental yield measures 8.49% with $2,823/mo rent. Return on cash invested shows 21.5% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 111.97% and total cumulative return in cash records $148,106. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,823/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.34 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices