215 NW Flagler Ave APT 302StuartFL34994
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 215 NW Flagler Ave APT 302, Stuart, FL, 34994 at $317,000 posts ROI 44.32% with $2,138/mo cash flow from $5,542/mo rent. Total monthly income equals $5,542/mo, and annual cash flow records $25,655/yr on $105,086 to close. Return on cash invested measures 44.32% and rental yield reads 20.98% at the current $317,000. Equity gained on principal adds $2,046/yr, and 5% annual appreciation supports $87,581 by year five. Five-year ROI prints 239.73% and total cumulative return in cash totals $251,925.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,542/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2007
0.50 Acres lot
$N/A/sqft
$1,300 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: Debra Parker • Realty One Group Engage
Mls Name: Martin County REALTORS of the Treasure Coast (MCRTC)
Mls Provider:
Mls ID: #M20045916
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.