2060 NE Ocean Blvd APT CStuartFL34996
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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
Rental property for sale in Stuart at 2060 NE Ocean Blvd APT C, Stuart, FL, 34996 generates $4,843/mo in rent, after a $3,662/mo payment. Total monthly income is $4,843/mo. Return on cash invested sits at 16.54% in year one, and rental yield is 7.77% on a $748,200 entry. Equity gained on principal adds $4,828/yr, while 5% annual appreciation builds toward $206,714 over five years. Five-year ROI reaches 86.39% and total cumulative return in cash sums $212,657. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,843/mo property income rather than buyer’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
$600 monthly 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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