6215 SE Georgetown PlHobe 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 6215 SE Georgetown Pl, Hobe Sound, FL, 33455 priced at $305,000 pairs $4,732/mo rent with $2,108/mo cash flow after a $1,493/mo payment. Total monthly income equals $4,732/mo, and annual cash flow comes to $25,293/yr on $101,108 invested. Return on cash invested is 44.93% in year one, and rental yield stands at 18.62% on a $305,000 basis. Equity gained on principal adds $1,968/yr, and 5% annual appreciation accumulates to $84,266 by year five. Five-year ROI measures 240.16% and total cumulative return in cash reaches $242,818. For financing, Ziffy Mortgage’s DSCR program evaluates $4,732/mo property income against a $1,493/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
2,221 sqft lot
$N/A/sqft
$600 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
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Listed by: Molly Stone • Berkshire Hathaway Florida Realty
Mls Name: Martin County REALTORS of the Treasure Coast (MCRTC)
Mls Provider:
Mls ID: #M20045111
Disclaimer: The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Copyright 2024 Realtor Association of Martin County, Inc. MLS. All rights reserved.