620 SW Squire Johns LanePalm 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
Rental property for sale in Palm City at 620 SW Squire Johns Lane, Palm City, FL, 34990 priced at $1,359,000 converts $5,245/mo rent into after a $6,652/mo obligation. Total monthly income equals $5,245/mo. Return on cash invested prints 10.08% in year one, and rental yield reads 4.63% against a $1,359,000 entry. Equity gained on principal adds $8,769/yr, while 5% annual appreciation compiles into $375,467 by year five. Five-year ROI reaches 50.67% and total cumulative return in cash sums $223,115. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,245/mo property income covering a $6,652/mo payment, not borrower’s personal income.
Single Family
Built in 2005
0.51 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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