8163 Se Croft Circle #2Hobe 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 8163 Se Croft Circle #2, Hobe Sound, FL, 33455 uses $92,323 cash to close to unlock $2,987/yr annual cash flow and $249/mo monthly cash flow. Total monthly income runs $2,533/mo, and a $1,363/mo payment keeps the spread at $249/mo. Purchase price stands at $278,500, and rental yield measures 10.91% with $2,533/mo rent. Return on cash invested shows 23.14% in year one, and 5% annual appreciation builds toward $76,944 over five years. Five-year ROI reaches 122.82% and total cumulative return in cash records $113,394. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,533/mo property income covering a $1,363/mo payment rather than investor’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$436 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: Robyn Malpass • Compass Florida, LLC.
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11031550
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.