664 Silk Oak DrVeniceFL34293
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 664 Silk Oak Dr, Venice, FL, 34293 uses $149,175 cash to close to unlock $13,611/yr annual cash flow and $1,134/mo monthly cash flow. Total monthly income runs $4,358/mo, and a $2,203/mo payment keeps the spread at $1,134/mo. Purchase price stands at $450,000, and rental yield measures 11.62% with $4,358/mo rent. Return on cash invested shows 29.03% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 153.07% and total cumulative return in cash records $228,342. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,358/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 1999
9,503 sqft lot
$N/A/sqft
$237 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rick Tritschler, Jr. • RE/MAX ALLIANCE GROUP
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #N6132760
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511