311 Oak Harbour DriveJuno BeachFL33408
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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 Juno Beach at 311 Oak Harbour Drive, Juno Beach, FL, 33408 offers a 16.15% rental yield on a $350,000 purchase with $4,710/mo rent. Total monthly income registers $4,710/mo, and a $1,713/mo payment leaves $2,387/mo available for distribution. Annual cash flow reaches $28,649/yr on $116,025 to close, and return on cash invested stands at 44.6% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 235.85% and total cumulative return in cash at $273,650. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,710/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33408, North Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,691 (100%) |
| Owner Occupied HU | 7,367 (58.0%) |
| Renter Occupied HU | 2,617 (20.6%) |
| Vacant Housing Units | 2,707 (21.3%) |
| Median Home Value | $702,045 |
| Average Home Value | $877,462 |
Housing Distribution
Address Breakdown
Residential
11,371
Single Family
5,958
Multi-Family
5,413
Businesses
1,371
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Listed by: Valentina Kraver • Douglas Elliman
Mls Name: BeachesMLS
Mls ID: #RX-11123392