119 NE Bracken RdPort 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
Rental property for sale in Port Saint Lucie at 119 NE Bracken Rd, Port Saint Lucie, FL, 34983 priced at $299,300 converts $2,265/mo rent into $279/mo cash flow after a $1,465/mo obligation. Total monthly income equals $2,265/mo, and annual cash flow totals $3,345/yr on $99,218 invested. Return on cash invested prints 23.28% in year one, and rental yield reads 9.08% against a $299,300 entry. Equity gained on principal adds $1,931/yr, while 5% annual appreciation compiles into $82,691 by year five. Five-year ROI reaches 121.5% and total cumulative return in cash sums $120,548. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,265/mo property income covering a $1,465/mo payment, not borrower’s personal income.
Single Family
Built in 1972
10,454 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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