2061 SE Glen Ridge DrivePort 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 2061 SE Glen Ridge Drive, Port Saint Lucie, FL, 34952 offers $1,875/mo rent that, after a $1,368/mo payment, leaves $20/mo cash flow. Total monthly income is $1,875/mo, and annual cash flow is $242/yr on $92,654 cash. Return on cash invested measures 20.17% in year one, and rental yield stands at 8.05% at a $279,500 entry. Equity gained on principal adds $1,804/yr while 5% annual appreciation compounds into $77,221 by year five. Five-year ROI records 104.89% and total cumulative return in cash reaches $97,184. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,875/mo property income versus a $1,368/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2006
1,650 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph J Vadala • The Keyes Company - Stuart
Mls Name: BeachesMLS
Mls ID: #RX-11082400