9940 Ocean Dr UNIT 201Jensen 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 9940 Ocean Dr UNIT 201, Jensen Beach, FL, 34957 offers a 11.02% rental yield on a $359,000 purchase with $3,298/mo rent. Total monthly income registers $3,298/mo, and a $1,757/mo payment leaves $916/mo available for distribution. Annual cash flow reaches $10,989/yr on $119,009 to close, and return on cash invested stands at 29.14% in year one. Equity gained on principal adds $2,317/yr while 5% annual appreciation supports $99,185 over five years. Portfolio math shows five-year ROI at 152.95% and total cumulative return in cash at $182,023. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,298/mo property income against a $1,757/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1975
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: Marnie Pacheco • Florida Realty
Mls Name: BHHS broker feed
Mls ID: #M20053249