11919 SW Backshore DrPort Saint LucieFL34987
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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 11919 SW Backshore Dr, Port Saint Lucie, FL, 34987 offers a 9.15% rental yield on a $510,000 purchase with $3,887/mo rent. Total monthly income registers $3,887/mo, and a $2,496/mo payment leaves $503/mo available for distribution. Annual cash flow reaches $6,033/yr on $167,790 to close, and return on cash invested stands at 23.66% in year one. Equity gained on principal adds $3,291/yr while 5% annual appreciation supports $140,904 over five years. Portfolio math shows five-year ROI at 123.49% and total cumulative return in cash at $207,207. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,887/mo property income against a $2,496/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
4,678 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34987, Port Saint Lucie, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,491 (100%) |
| Owner Occupied HU | 11,302 (68.5%) |
| Renter Occupied HU | 2,753 (16.7%) |
| Vacant Housing Units | 2,436 (14.8%) |
| Median Home Value | $475,710 |
| Average Home Value | $527,525 |
Housing Distribution
Address Breakdown
Residential
13,529
Single Family
10,100
Multi-Family
3,429
Businesses
223
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Listed by: Tamara T Lobban • Legacy Prime Realty
Mls Name: BeachesMLS
Mls ID: #F10549514