1420 Ocean Way UNIT 21AJupiterFL33477
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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 1420 Ocean Way UNIT 21A, Jupiter, FL, 33477 listed at $529,950 pairs $5,640/mo rent with a $2,594/mo payment to leave $1,340/mo cash flow. Total monthly income runs $5,640/mo, and annual cash flow reaches $16,082/yr on $174,354 cash to close. Return on cash invested measures 29.28% in year one, and rental yield registers 12.77% at a $529,950 basis. Equity gained on principal adds $3,420/yr, and annual property appreciation at 5% supports $146,415 by year five. Five-year ROI tracks 155.64% and total cumulative return in cash totals $271,371. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,640/mo property income relative to a $2,594/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1982
N/A lot
$N/A/sqft
$589 monthly 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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Listed by: Bruce Lazar • Team Realty Inc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10432781
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.