10680 S Ocean Drive #308Jensen 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 10680 S Ocean Drive #308, Jensen Beach, FL, 34957 uses $117,683 cash to close to unlock $369/yr annual cash flow and $31/mo monthly cash flow. Total monthly income runs $2,387/mo, and a $1,738/mo payment keeps the spread at $31/mo. Purchase price stands at $355,000, and rental yield measures 8.07% with $2,387/mo rent. Return on cash invested shows 20.22% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 105.12% and total cumulative return in cash records $123,708. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,387/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Condo
Built in 1981
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: Linda Moore • RE/MAX of Stuart
Mls Name: BeachesMLS
Mls ID: #RX-11134071