6980 SE Constitution Boulevard #203Hobe 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 6980 SE Constitution Boulevard #203, Hobe Sound, FL, 33455 listed at $275,000 pairs $2,524/mo rent with a $1,346/mo payment to leave $699/mo cash flow. Total monthly income runs $2,524/mo, and annual cash flow reaches $8,388/yr on $91,163 cash to close. Return on cash invested measures 29.11% in year one, and rental yield registers 11.01% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 152.81% and total cumulative return in cash totals $139,307. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,524/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
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: Tanya Neville • Realty One Group Engage
Mls Name: BeachesMLS
Mls ID: #RX-11119716