8435 SE May TerraceHobe 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 8435 SE May Terrace, Hobe Sound, FL, 33455 at $782,000 posts ROI 14.66% with from $4,156/mo rent. Total monthly income equals $4,156/mo. Return on cash invested measures 14.66% and rental yield reads 6.38% at the current $782,000. Equity gained on principal adds $5,046/yr, and 5% annual appreciation supports $216,052 by year five. Five-year ROI prints 75.45% and total cumulative return in cash totals $194,108. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,156/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1984
0.47 Acres 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: Erica Wolfe • Real Broker, LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11036944
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.