8356 SE Croft Circle #O-3Hobe 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 8356 SE Croft Circle #O-3, Hobe Sound, FL, 33455 earns $78/mo cash flow from $1,731/mo rent with a $1,219/mo payment. Total monthly income totals $1,731/mo, and annual cash flow totals $940/yr on $82,544 capital. ROI tracks 21.05% on current figures, and rental yield reads 8.34% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 109.57% and total cumulative return in cash sums $90,440. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,731/mo property income instead of your 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: K Michelle Tucker • Florida Living Realty
Mls Name: BeachesMLS
Mls ID: #RX-11134163