2051 NE Ocean Boulevard #A21StuartFL34996
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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 Stuart at 2051 NE Ocean Boulevard #A21, Stuart, FL, 34996 offers a 11.86% rental yield on a $699,000 purchase with $6,908/mo rent. Total monthly income registers $6,908/mo, and a $3,421/mo payment leaves $2,270/mo available for distribution. Annual cash flow reaches $27,235/yr on $229,971 to close, and return on cash invested stands at 31.9% in year one. Equity gained on principal adds $4,511/yr while 5% annual appreciation supports $193,121 over five years. Portfolio math shows five-year ROI at 167.72% and total cumulative return in cash at $385,706. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,908/mo property income against a $3,421/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34996, Stuart, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,622 (100%) |
| Owner Occupied HU | 4,887 (56.7%) |
| Renter Occupied HU | 1,221 (14.2%) |
| Vacant Housing Units | 2,514 (29.2%) |
| Median Home Value | $489,225 |
| Average Home Value | $756,943 |
Housing Distribution
Address Breakdown
Residential
7,505
Single Family
4,194
Multi-Family
3,311
Businesses
389
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