1050 NE Wright AvenueJensen BeachFL34957
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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 Jensen Beach at 1050 NE Wright Avenue, Jensen Beach, FL, 34957 uses $120,998 cash to close to unlock $1,347/yr annual cash flow and $112/mo monthly cash flow. Total monthly income runs $2,534/mo, and a $1,786/mo payment keeps the spread at $112/mo. Purchase price stands at $365,000, and rental yield measures 8.33% with $2,534/mo rent. Return on cash invested shows 21.02% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 109.42% and total cumulative return in cash records $132,391. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,534/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Single Family
Built in 1953
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34957, Jensen Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,854 (100%) |
| Owner Occupied HU | 9,474 (53.1%) |
| Renter Occupied HU | 3,165 (17.7%) |
| Vacant Housing Units | 5,215 (29.2%) |
| Median Home Value | $452,494 |
| Average Home Value | $534,605 |
Housing Distribution
Address Breakdown
Residential
15,176
Single Family
8,830
Multi-Family
6,346
Businesses
867
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Listed by: Pamela Lowe • 1st Class Real Estate Paradise
Mls Name: BeachesMLS
Mls ID: #RX-11147297