606 SW Cleveland AveStuartFL34994
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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 Stuart at 606 SW Cleveland Ave, Stuart, FL, 34994 priced at $759,900 pairs $2,760/mo rent with after a $3,719/mo payment. Total monthly income equals $2,760/mo. Return on cash invested is 7.06% in year one, and rental yield stands at 4.36% on a $759,900 basis. Equity gained on principal adds $4,904/yr, and 5% annual appreciation accumulates to $209,946 by year five. Five-year ROI measures 35.24% and total cumulative return in cash reaches $88,110. For financing, Ziffy Mortgage’s DSCR program evaluates $2,760/mo property income against a $3,719/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2004
1,263 sqft lot
$N/A/sqft
$283 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34994, Stuart, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,387 (100%) |
| Owner Occupied HU | 5,051 (48.6%) |
| Renter Occupied HU | 3,650 (35.1%) |
| Vacant Housing Units | 1,686 (16.2%) |
| Median Home Value | $390,493 |
| Average Home Value | $517,779 |
Housing Distribution
Address Breakdown
Residential
9,783
Single Family
7,227
Multi-Family
2,556
Businesses
1,941
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Listed by: Gail McCallum • RE/MAX of Stuart
Mls Name: Martin County REALTORS of the Treasure Coast (MCRTC)
Mls Provider:
Mls ID: #M20045673
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.