Foxtail II Plan, Palmera at Wellen ParkVeniceFL34293
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
Rental property for sale in Venice at Foxtail II Plan, Palmera at Wellen Park, Venice, FL, 34293 priced at $393,990 pairs $3,600/mo rent with $986/mo cash flow after a $1,928/mo payment. Total monthly income equals $3,600/mo, and annual cash flow comes to $11,830/yr on $130,608 invested. Return on cash invested is 28.97% in year one, and rental yield stands at 10.96% on a $393,990 basis. Equity gained on principal adds $2,542/yr, and 5% annual appreciation accumulates to $108,852 by year five. Five-year ROI measures 151.99% and total cumulative return in cash reaches $198,505. For financing, Ziffy Mortgage’s DSCR program evaluates $3,600/mo property income against a $1,928/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2025
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
