2950 SE Ocean Blvd APT 38-4StuartFL34996
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Stuart rentals match the income profile of 2950 SE Ocean Blvd APT 38-4, Stuart, FL, 34996. Listed at $219,888, gross rent is $4,200/mo and net cash flow is $2,164/mo, a 22.92% yield well above national averages. DSCR 4.25 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $60,751 by year five with $2,025/yr in annual principal reduction, projecting $227,461 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 22.9% | 6.0% |
| Monthly Cash Flow | $2,164 | $350 |
City averages based on Stuart market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,200 |
| Total Monthly Debt Service | $1,918 |
| DSCR Ratio | 2.19x |
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 1973
N/A lot
$N/A/sqft
$546 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 1973
N/A lot
$N/A/sqft
$546 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