1505 SE Prestwick Lane 8cPort Saint LucieFL34952
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
Rental property for sale in Port Saint Lucie at 1505 SE Prestwick Lane 8c, Port Saint Lucie, FL, 34952 generates $2,564/mo in rent, after a $1,835/mo payment. Total monthly income is $2,564/mo. Return on cash invested sits at 14.07% in year one, and rental yield is 8.2% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 74.49% and total cumulative return in cash sums $92,595. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,564/mo property income rather than buyer’s personal income.
Condo
Built in 2003
6.33 Acres lot
$N/A/sqft
$681 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34952, Port Saint Lucie, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,447 (100%) |
| Owner Occupied HU | 14,963 (66.7%) |
| Renter Occupied HU | 5,163 (23.0%) |
| Vacant Housing Units | 2,321 (10.3%) |
| Median Home Value | $324,511 |
| Average Home Value | $343,350 |
Housing Distribution
Address Breakdown
Residential
21,451
Single Family
18,041
Multi-Family
3,410
Businesses
1,285
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathleen Chiarolanzio • RE/MAX of Stuart
Mls Name: Martin County REALTORS of the Treasure Coast (MCRTC)
Mls Provider:
Mls ID: #M20047801
Disclaimer: The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Copyright 2024 Realtor Association of Martin County, Inc. MLS. All rights reserved.