1935 SW Silver Pine Way APT A1Palm CityFL34990
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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 Palm City at 1935 SW Silver Pine Way APT A1, Palm City, FL, 34990 with 5% annual appreciation on a $237,500 basis while $3,562/mo rent supports operations. Total monthly income totals $3,562/mo and a $1,162/mo payment preserves $1,375/mo for cash returns. Annual cash flow comes to $16,504/yr on $78,731 deployed, and return on cash invested reaches 40.87% in year one. Equity gained on principal adds $1,533/yr, and five-year appreciation sums $65,617 alongside rental yield of 18%. Five-year ROI measures 219.25% and total cumulative return in cash totals $172,617.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,562/mo property income versus a $1,162/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1988
33.84 Acres lot
$N/A/sqft
$611 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: Peter Hartman • Hartman Real Estate
Mls Name: Martin County REALTORS of the Treasure Coast (MCRTC)
Mls Provider:
Mls ID: #M20045447
Disclaimer: The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Copyright 2024 Realtor Association of Martin County, Inc. MLS. All rights reserved.