1069 SW Scrub Oak AvePalm CityFL34990
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 1069 SW Scrub Oak Ave, Palm City, FL, 34990 in Palm City: $4,635/mo in rent, $1,484/mo in net income, 9.64% gross yield, 0.87 DSCR, all at $1,189,980. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $328,770 in appreciation and $10,960/yr in principal paydown projects total cumulative return of $232,958.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 5.5% |
| Monthly Cash Flow | $1,484 | $300 |
City averages based on Palm City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,635 |
| Total Monthly Debt Service | $7,601 |
| DSCR Ratio | 0.61x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2008
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34990, Palm City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,522 (100%) |
| Owner Occupied HU | 11,658 (80.3%) |
| Renter Occupied HU | 1,657 (11.4%) |
| Vacant Housing Units | 1,207 ( 8.3%) |
| Median Home Value | $596,592 |
| Average Home Value | $663,824 |
Housing Distribution
Address Breakdown
Residential
14,123
Single Family
13,161
Multi-Family
962
Businesses
694
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2008
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34990, Palm City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,522 (100%) |
| Owner Occupied HU | 11,658 (80.3%) |
| Renter Occupied HU | 1,657 (11.4%) |
| Vacant Housing Units | 1,207 ( 8.3%) |
| Median Home Value | $596,592 |
| Average Home Value | $663,824 |
Housing Distribution
Address Breakdown
Residential
14,123
Single Family
13,161
Multi-Family
962
Businesses
694
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices