856 Morgan Towne PlVeniceFL34292
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 856 Morgan Towne Pl, Venice, FL, 34292 earns $1,129/mo cash flow from $5,227/mo rent with a $2,986/mo payment. Total monthly income totals $5,227/mo, and annual cash flow totals $13,543/yr on $200,690 capital. ROI tracks 26.81% on current figures, and rental yield reads 10.28% at a $610,000 purchase. Equity gained on principal adds $3,936/yr, and 5% annual appreciation supports $168,532 over five years. Five-year ROI reaches 140.51% and total cumulative return in cash sums $281,983. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,227/mo property income instead of your personal income.
Single Family
Built in 1988
9,816 sqft lot
$N/A/sqft
$50 monthly 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
Listed by: Jerry Brower • PREFERRED PROPERTIES OF VENICE INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #N6134606
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