3856 Tarpon RdVeniceFL34293
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 3856 Tarpon Rd, Venice, FL, 34293 uses $127,296 cash to close to unlock $5,042/yr annual cash flow and $420/mo monthly cash flow. Total monthly income runs $2,968/mo, and a $1,879/mo payment keeps the spread at $420/mo. Purchase price stands at $384,000, and rental yield measures 9.28% with $2,968/mo rent. Return on cash invested shows 23.87% in year one, and 5% annual appreciation builds toward $106,092 over five years. Five-year ROI reaches 124.7% and total cumulative return in cash records $158,732. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,968/mo property income covering a $1,879/mo payment rather than investor’s personal income.
Single Family
Built in 1979
10,000 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices