6120 SE Portofino CirHobe 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
Rental property for sale in Hobe Sound at 6120 SE Portofino Cir, Hobe Sound, FL, 33455 offers $2,444/mo rent that, after a $1,713/mo payment, leaves $121/mo cash flow. Total monthly income is $2,444/mo, and annual cash flow is $1,457/yr on $116,025 cash. Return on cash invested measures 21.16% in year one, and rental yield stands at 8.38% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 110.19% and total cumulative return in cash reaches $127,850. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,444/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2009
1,030 sqft 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: Isabel Leo • Illustrated Properties LLC
Mls Name: BeachesMLS
Mls ID: #RX-11130386