223 Ridge RoadJupiterFL33477
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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 Jupiter at 223 Ridge Road, Jupiter, FL, 33477 generates $6,859/mo in rent, after a $7,337/mo payment. Total monthly income is $6,859/mo. Return on cash invested sits at 12.02% in year one, and rental yield is 5.49% on a $1,499,000 entry. Equity gained on principal adds $9,673/yr, while 5% annual appreciation builds toward $414,146 over five years. Five-year ROI reaches 61.31% and total cumulative return in cash sums $297,789. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,859/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
5,920 sqft lot
$N/A/sqft
$290 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: Holly Meyer Lucas • Compass Florida, LLC (Jupiter)
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11045560
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.