120 Ocean Estates DrHutchinson IslandFL34949
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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 Hutchinson Island at 120 Ocean Estates Dr, Hutchinson Island, FL, 34949 listed at $1,425,000 pairs $4,821/mo rent with a $6,975/mo payment. Total monthly income runs $4,821/mo. Return on cash invested measures 7.57% in year one, and rental yield registers 4.06% at a $1,425,000 basis. Equity gained on principal adds $9,195/yr, and annual property appreciation at 5% supports $393,701 by year five. Five-year ROI tracks 37.47% and total cumulative return in cash totals $172,976. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,821/mo property income relative to a $6,975/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
4,356 sqft lot
$N/A/sqft
$288 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34949, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,193 (100%) |
| Owner Occupied HU | 3,681 (51.2%) |
| Renter Occupied HU | 829 (11.5%) |
| Vacant Housing Units | 2,683 (37.3%) |
| Median Home Value | $511,069 |
| Average Home Value | $543,473 |
Housing Distribution
Address Breakdown
Residential
6,777
Single Family
2,843
Multi-Family
3,934
Businesses
96
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Listed by: Agnieszka Szymanska • Dale Sorensen Real Estate Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11677846
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