8781 SE Eldorado WayHobe SoundFL33455
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 8781 SE Eldorado Way, Hobe Sound, FL, 33455 at $838,000 posts ROI 20.68% with $143/mo cash flow from $6,089/mo rent. Total monthly income equals $6,089/mo, and annual cash flow records $1,722/yr on $275,702 to close. Return on cash invested measures 20.68% and rental yield reads 8.72% at the current $838,000. Equity gained on principal adds $5,407/yr, and 5% annual appreciation supports $231,524 by year five. Five-year ROI prints 108.17% and total cumulative return in cash totals $298,222.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,089/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
8,407 sqft lot
$N/A/sqft
$384 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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Nearby investment properties with comparable prices
Listed by: Margaret Shinnebarger • Berkshire Hathaway Florida Realty
Mls Name: Martin County REALTORS of the Treasure Coast (MCRTC)
Mls Provider:
Mls ID: #M20046441
Disclaimer: The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Copyright 2024 Realtor Association of Martin County, Inc. MLS. All rights reserved.