7380 S Ocean Dr APT 517Jensen 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
Total monthly income runs $3,125/mo, and a $2,838/mo payment. Purchase price stands at $579,900, and rental yield measures 6.47% with $3,125/mo rent. Return on cash invested shows 15.51% in year one, and 5% annual appreciation builds toward $160,216 over five years. Five-year ROI reaches 79.85% and total cumulative return in cash records $152,341. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,125/mo property income covering a $2,838/mo payment rather than investor’s personal income.
Condo
Built in 1983
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: Lynda Lewis • Headwinds Realty Inc
Mls Name: Martin County REALTORS of the Treasure Coast (MCRTC)
Mls ID: #M20053303