1290 SW Fletcher LanePort Saint LucieFL34953
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 Port Saint Lucie at 1290 SW Fletcher Lane, Port Saint Lucie, FL, 34953 listed at $519,900 pairs $4,074/mo rent with a $2,545/mo payment to leave $624/mo cash flow. Total monthly income runs $4,074/mo, and annual cash flow reaches $7,482/yr on $171,047 cash to close. Return on cash invested measures 24.43% in year one, and rental yield registers 9.4% at a $519,900 basis. Equity gained on principal adds $3,355/yr, and annual property appreciation at 5% supports $143,639 by year five. Five-year ROI tracks 127.68% and total cumulative return in cash totals $218,392. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,074/mo property income relative to a $2,545/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1986
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34953, Port Saint Lucie, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,384 (100%) |
| Owner Occupied HU | 24,892 (81.9%) |
| Renter Occupied HU | 4,777 (15.7%) |
| Vacant Housing Units | 715 ( 2.4%) |
| Median Home Value | $404,077 |
| Average Home Value | $421,658 |
Housing Distribution
Address Breakdown
Residential
30,644
Single Family
30,396
Multi-Family
248
Businesses
520
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kyle Schwindt • Southern Key Realty
Mls Name: BeachesMLS
Mls ID: #RX-11103646