744 Avenida Estancia #142VeniceFL34292
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeFor first-time U.S. investors or those diversifying conservatively, 744 Avenida Estancia #142, Venice, FL, 34292 in Venice offers a clean, manageable entry. Rental yield 8.03%. DSCR 1.49 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $57,992 in additional property value over five years, with $1,933/yr in principal equity building ownership stake. Total projected cumulative return: $80,794.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 5.0% |
| Monthly Cash Flow | $(676) | $300 |
City averages based on Venice market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,405 |
| Total Monthly Debt Service | $1,309 |
| DSCR Ratio | 1.07x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34292, Venice, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,605 (100%) |
| Owner Occupied HU | 7,537 (64.9%) |
| Renter Occupied HU | 2,069 (17.8%) |
| Vacant Housing Units | 1,999 (17.2%) |
| Median Home Value | $492,586 |
| Average Home Value | $548,494 |
Housing Distribution
Address Breakdown
Residential
10,659
Single Family
8,696
Multi-Family
1,963
Businesses
475
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
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34292, Venice, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,605 (100%) |
| Owner Occupied HU | 7,537 (64.9%) |
| Renter Occupied HU | 2,069 (17.8%) |
| Vacant Housing Units | 1,999 (17.2%) |
| Median Home Value | $492,586 |
| Average Home Value | $548,494 |
Housing Distribution
Address Breakdown
Residential
10,659
Single Family
8,696
Multi-Family
1,963
Businesses
475
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices