409 Manatee Ct APT 206, Venice, FL, 34285 | $579/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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409 Manatee Ct APT 206, Venice, FL, 34285 | $579/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Venice at 409 Manatee Ct APT 206, Venice, FL, 34285 uses $95,804 cash to close to unlock $6,944/yr annual cash flow and $579/mo monthly cash flow. Total monthly income runs $2,497/mo, and a $1,415/mo payment keeps the spread at $579/mo. Purchase price stands at $289,000, and rental yield measures 10.37% with $2,497/mo rent. Return on cash invested shows 27.16% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 142.29% and total cumulative return in cash records $136,322. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,497/mo property income covering a $1,415/mo payment rather than investor’s personal income.

Condo

Built in 1972

0.79 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to Parkview East on Venice Island! Ideally located just minutes from Venice Beach, the Jetty, Downtown shops and restaurants, and a wealth of community activities including the Saturday Farmers Market, tennis courts, and local concerts and events, this 2-bedroom, 2-bath condo offers the perfect blend of island living and everyday convenience. Step inside to find beautiful laminate flooring, a spacious living area, and a screened lanai where you can relax and enjoy the coastal breeze. The homes bright, open layout provides comfortable living and easy entertaining. Parkview Manor residents enjoy access to a private community pool, assigned parking, and a friendly, walkable neighborhood atmosphere. Whether youre seeking a full-time residence or a seasonal getaway, this condo delivers the best of Venice Island livingjust moments from the Gulf beaches and vibrant downtown charm.

Neighborhood Data

Neighborhood data shown for ZIP Code: 34285, Venice, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,982 (100%)
Owner Occupied HU	8,761 (54.8%)
Renter Occupied HU	2,024 (12.7%)
Vacant Housing Units	5,197 (32.5%)
Median Home Value	$418,517
Average Home Value	$567,434