1618 SE Ridgewood StreetPort Saint LucieFL34952
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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 1618 SE Ridgewood Street, Port Saint Lucie, FL, 34952 earns from $2,199/mo rent with a $2,129/mo payment. Total monthly income totals $2,199/mo. ROI tracks 14.19% on current figures, and rental yield reads 6.07% at a $435,000 purchase. Equity gained on principal adds $2,807/yr, and 5% annual appreciation supports $120,182 over five years. Five-year ROI reaches 72.76% and total cumulative return in cash sums $104,916. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,199/mo property income instead of your personal income.
Single Family
Built in 1992
N/A lot
$N/A/sqft
No 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
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Listed by: Tonsela Newton Watts • United Realty Group, Inc
Mls Name: BeachesMLS
Mls ID: #RX-11147202