1116 SE Puritan LanePort Saint LucieFL34983
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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 Port Saint Lucie at 1116 SE Puritan Lane, Port Saint Lucie, FL, 34983 uses $82,875 cash to close to unlock $8,803/yr annual cash flow and $734/mo monthly cash flow. Total monthly income runs $2,393/mo, and a $1,224/mo payment keeps the spread at $734/mo. Purchase price stands at $250,000, and rental yield measures 11.49% with $2,393/mo rent. Return on cash invested shows 30.53% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 160.4% and total cumulative return in cash records $132,934. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,393/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1996
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34983, Port Saint Lucie, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,755 (100%) |
| Owner Occupied HU | 13,828 (77.9%) |
| Renter Occupied HU | 3,111 (17.5%) |
| Vacant Housing Units | 816 ( 4.6%) |
| Median Home Value | $389,714 |
| Average Home Value | $417,182 |
Housing Distribution
Address Breakdown
Residential
17,697
Single Family
17,371
Multi-Family
326
Businesses
403
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Listed by: Margaret Hart • RE/MAX Gold
Mls Name: BeachesMLS
Mls ID: #RX-11151987