120 Ocean Grande Boulevard #703JupiterFL33477
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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 Jupiter at 120 Ocean Grande Boulevard #703, Jupiter, FL, 33477 offers a 5.15% rental yield on a $1,895,000 purchase with $8,126/mo rent. 67% in year one. Equity gained on principal adds $12,228/yr while 5% annual appreciation supports $523,554 over five years. Portfolio math shows five-year ROI at 59.18% and total cumulative return in cash at $363,353. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $8,126/mo property income against a $9,275/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33477, Jupiter, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,717 (100%) |
| Owner Occupied HU | 6,276 (58.6%) |
| Renter Occupied HU | 1,024 ( 9.6%) |
| Vacant Housing Units | 3,417 (31.9%) |
| Median Home Value | $772,685 |
| Average Home Value | $934,513 |
Housing Distribution
Address Breakdown
Residential
9,206
Single Family
5,868
Multi-Family
3,338
Businesses
615
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