5270 Jib WayHutchinson IslandFL34949
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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
Rental property for sale in Hutchinson Island at 5270 Jib Way, Hutchinson Island, FL, 34949 priced at $279,900 converts $2,443/mo rent into $275/mo cash flow after a $1,370/mo obligation. Total monthly income equals $2,443/mo, and annual cash flow totals $3,294/yr on $92,787 invested. Return on cash invested prints 23.46% in year one, and rental yield reads 10.47% against a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation compiles into $77,331 by year five. Five-year ROI reaches 123.95% and total cumulative return in cash sums $115,009. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,443/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Manufactured
Built in 1981
2,756 sqft lot
$N/A/sqft
$311 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34949, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,193 (100%) |
| Owner Occupied HU | 3,681 (51.2%) |
| Renter Occupied HU | 829 (11.5%) |
| Vacant Housing Units | 2,683 (37.3%) |
| Median Home Value | $511,069 |
| Average Home Value | $543,473 |
Housing Distribution
Address Breakdown
Residential
6,777
Single Family
2,843
Multi-Family
3,934
Businesses
96
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Listed by: Andy Stanish • Highlight Realty Corp/LW
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10475873
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 2024 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.