7420 S Ocean Drive #211Jensen 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 7420 S Ocean Drive #211, Jensen Beach, FL, 34957 generates $5,370/mo in rent and, after a $2,834/mo payment, leaves $1,528/mo in cash flow. Total monthly income is $5,370/mo, and annual cash flow is $18,331/yr on $190,491 invested. Return on cash invested sits at 29.68% in year one, and rental yield is 11.13% on a $579,000 entry. Equity gained on principal adds $3,736/yr, while 5% annual appreciation builds toward $159,967 over five years. Five-year ROI reaches 155.82% and total cumulative return in cash sums $296,815. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,370/mo property income rather than buyer’s personal income.
Condo
Built in 1980
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: Margaret Hart • RE/MAX Gold
Mls Name: BeachesMLS
Mls ID: #RX-11153352