651 NE Wax Myrtle WayJensen BeachFL34957
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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 Jensen Beach at 651 NE Wax Myrtle Way, Jensen Beach, FL, 34957 priced at $429,900 pairs $3,851/mo rent with $998/mo cash flow after a $2,104/mo payment. Total monthly income equals $3,851/mo, and annual cash flow comes to $11,979/yr on $142,512 invested. Return on cash invested is 28.31% in year one, and rental yield stands at 10.75% on a $429,900 basis. Equity gained on principal adds $2,774/yr, and 5% annual appreciation accumulates to $118,773 by year five. Five-year ROI measures 148.52% and total cumulative return in cash reaches $211,663. For financing, Ziffy Mortgage’s DSCR program evaluates $3,851/mo property income against a $2,104/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1991
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34957, Jensen Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,854 (100%) |
| Owner Occupied HU | 9,474 (53.1%) |
| Renter Occupied HU | 3,165 (17.7%) |
| Vacant Housing Units | 5,215 (29.2%) |
| Median Home Value | $452,494 |
| Average Home Value | $534,605 |
Housing Distribution
Address Breakdown
Residential
15,176
Single Family
8,830
Multi-Family
6,346
Businesses
867
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Listed by: Miguel Reyes • Southeastern Realty Corp
Mls Name: MIAMI
Mls ID: #A11939406