2929 SE Ocean Blvd APT 143-10StuartFL34996
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFinancing efficiency matters for international buyers, and 2929 SE Ocean Blvd APT 143-10, Stuart, FL, 34996 in Stuart offers it: the 1.99 DSCR gives Ziffy Mortgage's underwriting team an unusually clean file, no U.S. credit, no personal income required. Rental yield 10.75%. Long-term, 5% appreciation is forecast to add $62,716, and $2,091/yr in principal paydown compounds equity steadily. Projected five-year cumulative return: $86,745.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.0% |
| Monthly Cash Flow | $(34) | $350 |
City averages based on Stuart market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,034 |
| Total Monthly Debt Service | $1,978 |
| DSCR Ratio | 1.03x |
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 1972
N/A lot
$N/A/sqft
$562 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 1972
N/A lot
$N/A/sqft
$562 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
Listed by: Yoslaxis Hoff PA • Prime Real Estate Brokers
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11851810
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.