490 Pine Lily WayVeniceFL34293
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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 490 Pine Lily Way, Venice, FL, 34293 earns $5,094/mo cash flow from $9,163/mo rent with a $2,981/mo payment. Total monthly income totals $9,163/mo, and annual cash flow totals $61,132/yr on $200,361 capital. ROI tracks 50.57% on current figures, and rental yield reads 18.06% at a $609,000 purchase. Equity gained on principal adds $3,930/yr, and 5% annual appreciation supports $168,255 over five years. Five-year ROI reaches 267.9% and total cumulative return in cash sums $536,765. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $9,163/mo property income instead of your personal income.
Single Family
Built in 1995
10,074 sqft lot
$N/A/sqft
$27 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
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