226 Ocean Bay DriveJensen BeachFL34957
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 Jensen Beach at 226 Ocean Bay Drive, Jensen Beach, FL, 34957 with 5% annual appreciation on a $645,000 basis while $6,256/mo rent supports operations. Total monthly income totals $6,256/mo and a $3,157/mo payment preserves $1,976/mo for cash returns. Annual cash flow comes to $23,707/yr on $212,205 deployed, and return on cash invested reaches 31.23% in year one. Equity gained on principal adds $4,162/yr, and five-year appreciation sums $178,202 alongside rental yield of 11.64%. Five-year ROI measures 164.12% and total cumulative return in cash totals $348,280.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,256/mo property income versus a $3,157/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34957, Jensen Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,854 (100%) |
| Owner Occupied HU | 9,474 (53.1%) |
| Renter Occupied HU | 3,165 (17.7%) |
| Vacant Housing Units | 5,215 (29.2%) |
| Median Home Value | $452,494 |
| Average Home Value | $534,605 |
Housing Distribution
Address Breakdown
Residential
15,176
Single Family
8,830
Multi-Family
6,346
Businesses
867
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shannon Andersen • Keller Williams Realty Of The Treasure Coast
Mls Name: BeachesMLS
Mls ID: #RX-11156786