1649 SW La Gorce AvenuePort Saint LucieFL34953
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 1649 SW La Gorce Avenue, Port Saint Lucie, FL, 34953 in Port Saint Lucie is narrow, $169/mo net on $2,160/mo rent after the $1,349/mo debt service, but the property operates at break-even-plus, not a loss. At $299,995 with a 8.64% yield, the long-run equity case via 5% appreciation ($82,883 over five years) and $2,763/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.60 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $125,259.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.2% |
| Monthly Cash Flow | $169 | $1,250 |
City averages based on Port Saint Lucie market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,160 |
| Total Monthly Debt Service | $1,871 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1987
10,000 sqft 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
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
Single Family
Built in 1987
10,000 sqft 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: N/A • N/A
Mls Name: BeachesMLS
Mls ID: #RX-11167865