2540 SE Penny LnStuartFL34994
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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 2540 SE Penny Ln, Stuart, FL, 34994 priced at $149,000 converts $1,190/mo rent into after a $729/mo obligation. Total monthly income equals $1,190/mo. Return on cash invested prints 18.12% in year one, and rental yield reads 9.58% against a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation compiles into $41,166 by year five. Five-year ROI reaches 96.34% and total cumulative return in cash sums $47,584. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,190/mo property income covering a $729/mo payment, not borrower’s personal income.
Manufactured
Built in 1980
3,223 sqft lot
$N/A/sqft
$275 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: Carolyn Busbee • Water Pointe Realty Group
Mls Name: Martin County REALTORS of the Treasure Coast (MCRTC)
Mls Provider:
Mls ID: #M20048712
Disclaimer: All listings featuring the MCRTC logo are provided by Martin County REALTORS of the Treasure Coast, Inc. Multiple Listing Service. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Martin County REALTORS of the Treasure Coast, 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.