2950 SE Ocean Blvd APT 1-5StuartFL34996
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
Investment Highlights
Rental property for sale in Stuart at 2950 SE Ocean Blvd APT 1-5, Stuart, FL, 34996 generates $1,919/mo in rent and, after a $512/mo payment, leaves $886/mo in cash flow. Total monthly income is $1,919/mo, and annual cash flow is $10,637/yr on $34,698 invested. Return on cash invested sits at 50.57% in year one, and rental yield is 22% on a $104,670 entry. Equity gained on principal adds $675/yr, while 5% annual appreciation builds toward $28,918 over five years. Five-year ROI reaches 272.16% and total cumulative return in cash sums $94,434. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,919/mo property income rather than buyer’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$278 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