6860 SE Constitution Boulevard #204Hobe 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 6860 SE Constitution Boulevard #204, Hobe Sound, FL, 33455 offers a 11.94% rental yield on a $275,000 purchase with $2,737/mo rent. Total monthly income registers $2,737/mo, and a $1,346/mo payment leaves $912/mo available for distribution. Annual cash flow reaches $10,944/yr on $91,163 to close, and return on cash invested stands at 31.91% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 167.87% and total cumulative return in cash at $153,035. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,737/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
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: Kate Rawnsley • Compass Florida LLC
Mls Name: BeachesMLS
Mls ID: #RX-11095648