890 Indus RdVeniceFL34293
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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 890 Indus Rd, Venice, FL, 34293 generates $3,914/mo in rent and, after a $2,285/mo payment, leaves $816/mo in cash flow. Total monthly income is $3,914/mo, and annual cash flow is $9,792/yr on $154,747 invested. Return on cash invested sits at 26.24% in year one, and rental yield is 10.06% on a $466,809 entry. Equity gained on principal adds $3,012/yr, while 5% annual appreciation builds toward $128,971 over five years. Five-year ROI reaches 137.35% and total cumulative return in cash sums $212,547. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,914/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
8,000 sqft lot
$N/A/sqft
No 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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Listed by: Lisa Povsic • ADAMS HOME REALTY INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4627476
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