8646 SE Alabama PlaceHobe 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 8646 SE Alabama Place, Hobe Sound, FL, 33455 listed at $554,000 pairs $4,734/mo rent with a $2,712/mo payment to leave $1,057/mo cash flow. Total monthly income runs $4,734/mo, and annual cash flow reaches $12,685/yr on $182,266 cash to close. Return on cash invested measures 27.02% in year one, and rental yield registers 10.25% at a $554,000 basis. Equity gained on principal adds $3,575/yr, and annual property appreciation at 5% supports $153,060 by year five. Five-year ROI tracks 141.55% and total cumulative return in cash totals $258,006. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,734/mo property income relative to a $2,712/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
0.27 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: Christopher Glass • Glass Realty, LLC
Mls Name: BeachesMLS
Mls ID: #RX-11137465