9940 S Ocean Drive #802Jensen 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 9940 S Ocean Drive #802, Jensen Beach, FL, 34957 generates $4,711/mo in rent and, after a $2,442/mo payment, leaves $1,400/mo in cash flow. Total monthly income is $4,711/mo, and annual cash flow is $16,799/yr on $165,419 invested. Return on cash invested sits at 30.06% in year one, and rental yield is 11.33% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 157.88% and total cumulative return in cash sums $261,162. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,711/mo property income rather than buyer’s personal income.
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: Jena Wehner • Atlantic Shores Expertise ERA Powered
Mls Name: BeachesMLS
Mls ID: #RX-11155545