2600 S Kanner Highway #Y11StuartFL34994
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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 2600 S Kanner Highway #Y11, Stuart, FL, 34994 uses $67,924 cash to close to unlock $710/yr annual cash flow and $59/mo monthly cash flow. Total monthly income runs $1,419/mo, and a $1,003/mo payment keeps the spread at $59/mo. Purchase price stands at $204,900, and rental yield measures 8.31% with $1,419/mo rent. Return on cash invested shows 20.95% in year one, and 5% annual appreciation builds toward $56,610 over five years. Five-year ROI reaches 109.09% and total cumulative return in cash records $74,098. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,419/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No 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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