Is Hobe Sound, FL a good place to invest in rental property?

Hobe Sound, FL has a median modeled monthly cash flow of $-1,214 and a median cap rate of 3.5%, on a median sold price of $445,000. Prices changed -4.8% year over year.

What is the average cap rate in Hobe Sound, FL?

The median cap rate across recently sold homes in Hobe Sound, FL is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Hobe Sound, FL?

The median sold price in Hobe Sound, FL is $445,000 (about $259 per square foot).

Investing in Hobe Sound, FL Real Estate

A data-driven snapshot of the Hobe Sound, FL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$445,000Median sold price

$259Median $/sqft

3.5%Median cap rate

$-1,214Modeled cash flow / mo

-4.8%Appreciation YoY

9.0Months of supply

271Active listings

363Sold (last 12 mo)

What the Hobe Sound numbers say

In Hobe Sound, FL, the median home sold for $445,000 (about $259 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-1,214 of monthly cash flow. Sold prices moved -4.8% over the past year. Inventory sits at about 9.0 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Florida markets to compare

See Hobe Sound cash-flowing listings

CashFlowRE ranks every for-sale home in Hobe Sound, FL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Hobe Sound deals, or browse the national market data.