601 Sheridan Dr

Venice, FL 34293
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2 bd, 2 ba | 1,997 sqft | Built in 1965

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List Price
$365,000

Initial Investment

$99,463

Purchase Price

$365,000

Down Payment

25%

Rent

$2,150

Total Return

$181,249

Annualized Return

22.0%

Cap Rate

4.4%

Gross Yield

7.1%

Cash Flow

-$4,790

Appreciation

9.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,390

HOA

None

Flood Risk

Not Required

Calling all sun seekers and savvy homebuyers! This charming concrete block home in Venice, FL is your move-in-ready paradise. We're talking low-maintenance living at its finest – no HOA fees or community development district (CDD) to worry about! Step inside and discover a light and airy atmosphere. This 2-bedroom, 2-bathroom haven boasts new flooring throughout, creating a fresh and modern feel. Whip up culinary delights in your updated kitchen, complete with brand-new stainless steel appliances – a range, refrigerator, and dishwasher! Relax and unwind in the spacious enclosed Florida room. This bonus space is perfect for year-round entertaining, enjoying your morning coffee, or simply soaking up the sunshine. Peace of mind is included! Both the roof and AC were replaced in 2023, so you can settle in with confidence knowing these major systems are in top shape. Looking for a convenient location? You've got it! This neighborhood puts you close to shopping, restaurants, schools, and everything you need for easy living. This delightful home has been meticulously maintained and is ready for its next chapter. Is that chapter yours? Don't miss this fantastic opportunity!

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

Annual Financial Highlights

Expected Rent

$24,510

Expenses

-$6,156

Property Taxes

-$3,300

Loan Payments

-$19,843

Net Cash Flow

-$4,790

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Becky Hayden
Agent License 3415444
KELLER WILLIAMS REALTY SELECT
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #A4606181
Last Updated: 04/12/2024 13:04
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