402 S Beach RdHobe SoundFL33455
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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 Hobe Sound at 402 S Beach Rd, Hobe Sound, FL, 33455 projects strong ROI of 1.06%. Rental yield 1.71%. With 5% annual appreciation, the property builds $9,669,855 in value over five years. Equity growth combined delivers a projected five-year ROI of 2.27%, translating into $257,235 in total cumulative return on $11,340,000 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No 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
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Listed by: Jeanne DeSanctis • Illustrated Properties LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11723191
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.