10600 S Ocean Dr #1103Jensen 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 10600 S Ocean Dr #1103, Jensen Beach, FL, 34957 offers a 10.84% rental yield on a $445,000 purchase with $4,021/mo rent. Total monthly income registers $4,021/mo, and a $2,178/mo payment leaves $1,068/mo available for distribution. Annual cash flow reaches $12,816/yr on $147,518 to close, and return on cash invested stands at 28.6% in year one. Equity gained on principal adds $2,872/yr while 5% annual appreciation supports $122,945 over five years. Portfolio math shows five-year ROI at 150% and total cumulative return in cash at $221,276. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,021/mo property income against a $2,178/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1982
N/A 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: Jorge Palacios • Real Estate of Florida Broward County Inc.
Mls Name: BeachesMLS
Mls ID: #F10539220