5002 SW Ranchito StreetPalm CityFL34990
Nearby investment properties with comparable rents
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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
Rental property for sale in Palm City at 5002 SW Ranchito Street, Palm City, FL, 34990 offers $4,657/mo rent that, after a $4,890/mo payment. Total monthly income is $4,657/mo. Return on cash invested measures 12.86% in year one, and rental yield stands at 5.59% at a $999,000 entry. Equity gained on principal adds $6,446/yr while 5% annual appreciation compounds into $276,005 by year five. Five-year ROI records 65.59% and total cumulative return in cash reaches $215,582. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,657/mo property income versus a $4,890/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
4.90 Acres lot
$N/A/sqft
No 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: Laura Krecic • Keller Williams Realty Of The Treasure Coast
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11025112
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.