5355 SE Miles Grant Rd APT 114StuartFL34997
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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 Stuart at 5355 SE Miles Grant Rd APT 114, Stuart, FL, 34997 listed at $150,000 pairs $1,972/mo rent with a $734/mo payment to leave $675/mo cash flow. Total monthly income runs $1,972/mo, and annual cash flow reaches $8,097/yr on $49,725 cash to close. Return on cash invested measures 36.19% in year one, and rental yield registers 15.78% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 193.39% and total cumulative return in cash totals $96,162. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,972/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
14.95 Acres lot
$N/A/sqft
$302 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34997, Stuart, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,986 (100%) |
| Owner Occupied HU | 15,372 (69.9%) |
| Renter Occupied HU | 4,135 (18.8%) |
| Vacant Housing Units | 2,479 (11.3%) |
| Median Home Value | $444,402 |
| Average Home Value | $523,797 |
Housing Distribution
Address Breakdown
Residential
21,562
Single Family
19,886
Multi-Family
1,676
Businesses
1,479
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Listed by: Gail McCandless • Real Estate of Florida
Mls Name: Martin County REALTORS of the Treasure Coast (MCRTC)
Mls Provider:
Mls ID: #M20048130
Disclaimer: The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Copyright 2024 Realtor Association of Martin County, Inc. MLS. All rights reserved.