1900 S Kanner Hwy #202StuartFL34994
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
Investment property for sale in Stuart at 1900 S Kanner Hwy #202, Stuart, FL, 34994 earns $606/mo cash flow from $2,429/mo rent with a $944/mo payment. Total monthly income totals $2,429/mo, and annual cash flow totals $7,276/yr on $63,946 capital. ROI tracks 31.29% on current figures, and rental yield reads 15.11% at a $192,900 purchase. Equity gained on principal adds $1,245/yr, and 5% annual appreciation supports $53,295 over five years. Five-year ROI reaches 168.18% and total cumulative return in cash sums $107,543. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,429/mo property income instead of your personal income.
Condo
Built in 1981
0.79 Acres lot
$N/A/sqft
$493 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
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Listed by: Gail McCallum • RE/MAX of Stuart
Mls Name: Martin County REALTORS of the Treasure Coast (MCRTC)
Mls Provider:
Mls ID: #M20045987
Disclaimer: The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Copyright 2024 Realtor Association of Martin County, Inc. MLS. All rights reserved.