1081 SE Monterey Rd UNIT 3-8StuartFL34994
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
Investment Highlights
Rental property for sale in Stuart at 1081 SE Monterey Rd UNIT 3-8, Stuart, FL, 34994 priced at $110,000 converts $1,487/mo rent into $372/mo cash flow after a $538/mo obligation. Total monthly income equals $1,487/mo, and annual cash flow totals $4,463/yr on $36,465 invested. Return on cash invested prints 32.15% in year one, and rental yield reads 16.22% against a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation compiles into $30,391 by year five. Five-year ROI reaches 173.66% and total cumulative return in cash sums $63,324. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,487/mo property income covering a $538/mo payment, not borrower’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$375 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34994, Stuart, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,387 (100%) |
| Owner Occupied HU | 5,051 (48.6%) |
| Renter Occupied HU | 3,650 (35.1%) |
| Vacant Housing Units | 1,686 (16.2%) |
| Median Home Value | $390,493 |
| Average Home Value | $517,779 |
Housing Distribution
Address Breakdown
Residential
9,783
Single Family
7,227
Multi-Family
2,556
Businesses
1,941
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Luis Felipe Mehech Musalem • RE/MAX Consultants Realty 1
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10452397
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. 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.