3371 SE Cascadia WayHobe SoundFL33455
Nearby investment properties with comparable rents
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
Rental property for sale in Hobe Sound at 3371 SE Cascadia Way, Hobe Sound, FL, 33455 priced at $799,000 converts $7,014/mo rent into $1,316/mo cash flow after a $3,911/mo obligation. Total monthly income equals $7,014/mo, and annual cash flow totals $15,793/yr on $262,871 invested. Return on cash invested prints 26.07% in year one, and rental yield reads 10.53% against a $799,000 entry. Equity gained on principal adds $5,156/yr, while 5% annual appreciation compiles into $220,749 by year five. Five-year ROI reaches 137.1% and total cumulative return in cash sums $360,390. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,014/mo property income covering a $3,911/mo payment, not borrower’s personal income.
Single Family
Built in 2002
8,372 sqft lot
$N/A/sqft
$384 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33455, Hobe Sound, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,635 (100%) |
| Owner Occupied HU | 8,822 (69.8%) |
| Renter Occupied HU | 1,721 (13.6%) |
| Vacant Housing Units | 2,092 (16.6%) |
| Median Home Value | $463,889 |
| Average Home Value | $609,960 |
Housing Distribution
Address Breakdown
Residential
11,569
Single Family
10,778
Multi-Family
791
Businesses
504
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debra Stollman • Donohue Real Estate, LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11032448
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 2025 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.