269 Algiers Dr

Venice, FL 34293
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3 bd, 2 ba | 2,400 sqft | Built in 1976

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List Price
$425,000

Initial Investment

$115,813

Purchase Price

$425,000

Down Payment

25%

Rent

$2,760

Total Return

$234,855

Annualized Return

24.7%

Cap Rate

5.5%

Gross Yield

7.8%

Cash Flow

-$1,092

Appreciation

9.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,021

HOA

None

Flood Risk

Not Required

PRICED TO SELL! This beautifully updated 3-bedroom, 2-bathroom home is move-in ready with major upgrades already done, including a new roof and A/C (2023) for years of worry-free living. Freshly painted inside and out, this home features an updated kitchen with new stove, dishwasher, and refreshed cabinets, along with new ceiling fans and lighting for added comfort. Enjoy extra living space in the enclosed heated porch, perfect for year-round gatherings. Plus, a 1-year home warranty is included for peace of mind! Don’t miss this incredible opportunity—schedule your private showing today!

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$31,464

Expenses

-$5,601

Property Taxes

-$3,850

Loan Payments

-$23,105

Net Cash Flow

-$1,092

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:Dorothy Reid
Agent License 3404786
LPT REALTY, LLC
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #TB8358245
Last Updated: 03/06/2025 06:03
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.