2370 NE Ocean Boulevard #A201StuartFL34996
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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 2370 NE Ocean Boulevard #A201, Stuart, FL, 34996 listed at $508,000 pairs $3,730/mo rent with a $2,486/mo payment to leave $359/mo cash flow. Total monthly income runs $3,730/mo, and annual cash flow reaches $4,311/yr on $167,132 cash to close. Return on cash invested measures 22.64% in year one, and rental yield registers 8.81% at a $508,000 basis. Equity gained on principal adds $3,278/yr, and annual property appreciation at 5% supports $140,351 by year five. Five-year ROI tracks 118.07% and total cumulative return in cash totals $197,327. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,730/mo property income relative to a $2,486/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1977
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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