999 Desirade EVeniceFL34285
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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
Investment property for sale in Venice at 999 Desirade E, Venice, FL, 34285 offers a 9.47% rental yield on a $107,750 purchase with $850/mo rent. Total monthly income registers $850/mo, and a $527/mo payment leaves $135/mo available for distribution. Annual cash flow reaches $1,624/yr on $35,719 to close, and return on cash invested stands at 24.46% in year one. Equity gained on principal adds $695/yr while 5% annual appreciation supports $29,769 over five years. Portfolio math shows five-year ROI at 127.9% and total cumulative return in cash at $45,685. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $850/mo property income against a $527/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2002
N/A 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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