1977 SE Floresta DrPort Saint LucieFL34983
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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
Rental property for sale in Port Saint Lucie at 1977 SE Floresta Dr, Port Saint Lucie, FL, 34983 priced at $365,000 converts $2,557/mo rent into $135/mo cash flow after a $1,786/mo obligation. Total monthly income equals $2,557/mo, and annual cash flow totals $1,623/yr on $120,998 invested. Return on cash invested prints 21.25% in year one, and rental yield reads 8.41% against a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation compiles into $100,843 by year five. Five-year ROI reaches 110.64% and total cumulative return in cash sums $133,867. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,557/mo property income covering a $1,786/mo payment, not borrower’s personal income.
Single Family
Built in 2019
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34983, Port Saint Lucie, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,755 (100%) |
| Owner Occupied HU | 13,828 (77.9%) |
| Renter Occupied HU | 3,111 (17.5%) |
| Vacant Housing Units | 816 ( 4.6%) |
| Median Home Value | $389,714 |
| Average Home Value | $417,182 |
Housing Distribution
Address Breakdown
Residential
17,697
Single Family
17,371
Multi-Family
326
Businesses
403
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Listed by: Edward Hurwitz • Realty One Group Advantage
Mls Name: MIAMI
Mls ID: #A11893060