8510 SE Citrus WayHobe 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
Rental property for sale in Hobe Sound at 8510 SE Citrus Way, Hobe Sound, FL, 33455 generates $2,397/mo in rent and, after a $1,728/mo payment, leaves $54/mo in cash flow. Total monthly income is $2,397/mo, and annual cash flow is $650/yr on $117,020 invested. Return on cash invested sits at 20.46% in year one, and rental yield is 8.15% on a $353,000 entry. Equity gained on principal adds $2,278/yr, while 5% annual appreciation builds toward $97,527 over five years. Five-year ROI reaches 106.45% and total cumulative return in cash sums $124,568. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,397/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
5,000 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
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Listed by: Vitaliy Vasyutyk • Vera Realty LLC
Mls Name: MIAMI
Mls ID: #A11875105