2008 SW Danforth CirclePalm 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 2008 SW Danforth Circle, Palm City, FL, 34990 uses $220,068 cash to close to unlock $2,772/yr annual cash flow and $231/mo monthly cash flow. Total monthly income runs $4,801/mo, and a $3,274/mo payment keeps the spread at $231/mo. Purchase price stands at $668,900, and rental yield measures 8.61% with $4,801/mo rent. Return on cash invested shows 21.32% in year one, and 5% annual appreciation builds toward $184,805 over five years. Five-year ROI reaches 111.21% and total cumulative return in cash records $244,748. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,801/mo property income covering a $3,274/mo payment rather than investor’s personal income.
Single Family
Built in 1991
0.26 Acres lot
$N/A/sqft
$131 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: Adena Williams • Coldwell Banker Paradise
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11017865
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.