12407 Harbour Ridge Boulevard #4-7Palm CityFL34990
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Nearby investment properties with comparable prices
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 Palm City at 12407 Harbour Ridge Boulevard #4-7, Palm City, FL, 34990 earns $378/mo cash flow from $4,075/mo rent with a $979/mo payment. Total monthly income totals $4,075/mo, and annual cash flow totals $4,540/yr on $66,296 capital. ROI tracks 26.76% on current figures, and rental yield reads 24.45% at a $199,988 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,253 over five years. Five-year ROI reaches 155.74% and total cumulative return in cash sums $103,252. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,075/mo property income instead of your personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
$2,350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34990, Palm City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,522 (100%) |
| Owner Occupied HU | 11,658 (80.3%) |
| Renter Occupied HU | 1,657 (11.4%) |
| Vacant Housing Units | 1,207 ( 8.3%) |
| Median Home Value | $596,592 |
| Average Home Value | $663,824 |
Housing Distribution
Address Breakdown
Residential
14,123
Single Family
13,161
Multi-Family
962
Businesses
694
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Listed by: Stephen Dutcher • Illustrated Properties/Sewalls
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-10988453
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.