7408 SE Swan AvenueHobe SoundFL33455
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 7408 SE Swan Avenue, Hobe Sound, FL, 33455 listed at $245,000 pairs $1,644/mo rent with a $1,199/mo payment to leave $18/mo cash flow. Total monthly income runs $1,644/mo, and annual cash flow reaches $219/yr on $81,218 cash to close. Return on cash invested measures 20.18% in year one, and rental yield registers 8.05% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 104.93% and total cumulative return in cash totals $85,224. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,644/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1977
6,050 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Suzanne L. Dickinson • RE/MAX Masterpiece Realty
Mls Name: BeachesMLS
Mls ID: #RX-11107628