601 Menendez StVeniceFL34285
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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
Rental property for sale in Venice at 601 Menendez St, Venice, FL, 34285 priced at $1,200,000 converts $9,115/mo rent into $1,152/mo cash flow after a $5,873/mo obligation. Total monthly income equals $9,115/mo, and annual cash flow totals $13,824/yr on $388,800 invested. Return on cash invested prints 23.93% in year one, and rental yield reads 9.12% against a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation compiles into $331,538 by year five. Five-year ROI reaches 124.88% and total cumulative return in cash sums $485,519. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $9,115/mo property income covering a $5,873/mo payment, not borrower’s personal income.
Single Family
Built in 1953
10,833 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
14,066
Single Family
9,629
Multi-Family
4,437
Businesses
1,258
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