181 SW Palm Dr APT 304Port Saint LucieFL34986
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 181 SW Palm Dr APT 304, Port Saint Lucie, FL, 34986 uses $63,913 cash to close to unlock $7,837/yr annual cash flow and $653/mo monthly cash flow. Total monthly income runs $2,339/mo, and a $944/mo payment keeps the spread at $653/mo. Purchase price stands at $192,800, and rental yield measures 14.56% with $2,339/mo rent. Return on cash invested shows 32.17% in year one, and 5% annual appreciation builds toward $53,267 over five years. Five-year ROI reaches 172.03% and total cumulative return in cash records $109,947. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,339/mo property income covering a $944/mo payment rather than investor’s personal income.
Apartment
Built in 2003
999 sqft lot
$N/A/sqft
$212 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34986, Port Saint Lucie, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,052 (100%) |
| Owner Occupied HU | 12,370 (72.5%) |
| Renter Occupied HU | 2,449 (14.4%) |
| Vacant Housing Units | 2,233 (13.1%) |
| Median Home Value | $442,849 |
| Average Home Value | $481,058 |
Housing Distribution
Address Breakdown
Residential
15,027
Single Family
13,253
Multi-Family
1,774
Businesses
837
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A