8800 S Ocean Drive #1003Jensen 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
Investment property for sale in Jensen Beach at 8800 S Ocean Drive #1003, Jensen Beach, FL, 34957 listed at $599,000 pairs $4,426/mo rent with a $2,932/mo payment to leave $451/mo cash flow. Total monthly income runs $4,426/mo, and annual cash flow reaches $5,409/yr on $197,071 cash to close. Return on cash invested measures 22.8% in year one, and rental yield registers 8.87% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 118.93% and total cumulative return in cash totals $234,370. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,426/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1989
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: Bradley Hurst • Illustrated Properties LLC (Jupiter)
Mls Name: BeachesMLS
Mls ID: #RX-11098715