2929 SE Ocean Blvd APT 115-6StuartFL34996
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow2929 SE Ocean Blvd APT 115-6, Stuart, FL, 34996 in Stuart earns its strong cash-flow label: 13.74% yield, $1,464/mo rent, $618/mo net income, DSCR 1.79. The $181,700 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $50,200 by year five. Combined with $1,673/yr in principal paydown, total projected return reaches $70,466.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.7% | 6.0% |
| Monthly Cash Flow | $618 | $350 |
City averages based on Stuart market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,464 |
| Total Monthly Debt Service | $1,391 |
| DSCR Ratio | 1.05x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1970
N/A lot
$N/A/sqft
$240 monthly 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
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
Condo
Built in 1970
N/A lot
$N/A/sqft
$240 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices