500 Ocean Drive #E-9aJuno 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 500 Ocean Drive #E-9a, Juno Beach, FL, 33408 at $950,000 posts ROI 4.21% with from $4,088/mo rent. Total monthly income equals $4,088/mo. Return on cash invested measures 4.21% and rental yield reads 5.16% at the current $950,000. Equity gained on principal adds $6,130/yr, and 5% annual appreciation supports $262,467 by year five. Five-year ROI prints 21.87% and total cumulative return in cash totals $68,354. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,088/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1977
90 sqft lot
$N/A/sqft
$1,450 monthly 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: Amanda Caracuzzo • Compass Florida LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11027788
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.