1601 Alton Rd

Venice, FL 34293
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2 bd, 2 ba | 2,512 sqft | Built in 1972

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List Price
$433,000

Initial Investment

$117,993

Purchase Price

$433,000

Down Payment

25%

Rent

$2,610

Total Return

$211,747

Annualized Return

21.6%

Cap Rate

4.3%

Gross Yield

7.2%

Cash Flow

-$6,307

Appreciation

9.5%
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Features

Lot Size

7,800

HOA

$14/mo

Flood Risk

Not Required

Welcome to your new home! Turnkey and just waiting for its new owner to arrive. This home is light and bright and has the best happy energy! Upon entry thru the double doors, you are greeted by the beautiful Florida sunshine pouring in from all the windows giving you all the gorgeous colors of the east-to-west sun-up and sundown views. This home boasts an open-concept kitchen perfect for entertaining family and guests. The kitchen was updated in 2019 with all-new stainless steel whirlpool appliances and granite countertops. The split floor plan allows for privacy, and both the master and guest baths are equipped with handicap bars attached to the walls and the guest bath has a walk-in shower. There is a fabulous bonus room or potential third bedroom with lots of natural lighting and sliders for ease of privacy. All new hurricane windows were installed in February 2020 (except for the sliders leading out to the lanai) and the new garage door put on in December 2022 can withstand 140-mile-an-hour hurricane winds. New AC vents were installed in September 2019. This home is move-in ready! Enjoy the lovely landscaped garden and traditional picket fence with gate access for a nice morning or evening stroll. Close proximity to shopping and dining all while on a quiet street. Come see this home soon it will not last long and you may even be lucky enough to see a rocket take off at Cape Canaveral while you are here!

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417
Annual Financial Highlights

Expected Rent

$29,754

Expenses

-$7,721

Property Taxes

-$4,800

Loan Payments

-$23,540

Net Cash Flow

-$6,307

See more in Financials

Buyer's Agent

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