6820 SE Constitution Boulevard #103Hobe 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 6820 SE Constitution Boulevard #103, Hobe Sound, FL, 33455 uses $72,897 cash to close to unlock $924/yr annual cash flow and $77/mo monthly cash flow. Total monthly income runs $1,536/mo, and a $1,076/mo payment keeps the spread at $77/mo. Purchase price stands at $219,900, and rental yield measures 8.38% with $1,536/mo rent. Return on cash invested shows 21.18% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 110.3% and total cumulative return in cash records $80,404. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,536/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Condo
Built in 1988
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: Susan Rezendes • Premier Brokers International
Mls Name: BeachesMLS
Mls ID: #RX-11146707