9500 S Ocean Drive #409Jensen 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 9500 S Ocean Drive #409, Jensen Beach, FL, 34957 generates $2,562/mo in rent, after a $1,982/mo payment. Total monthly income is $2,562/mo. Return on cash invested sits at 18.79% in year one, and rental yield is 7.59% on a $405,000 entry. Equity gained on principal adds $2,613/yr, while 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 97.43% and total cumulative return in cash sums $130,802. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,562/mo property income rather than buyer’s personal income.
Condo
Built in 1982
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: Shelia B White • Beach Front Mann Realty
Mls Name: BeachesMLS
Mls ID: #RX-11124034