208 SE Verada AvePort 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 208 SE Verada Ave, Port Saint Lucie, FL, 34983 priced at $340,000 converts $2,651/mo rent into $395/mo cash flow after a $1,664/mo obligation. Total monthly income equals $2,651/mo, and annual cash flow totals $4,738/yr on $112,710 invested. Return on cash invested prints 24.11% in year one, and rental yield reads 9.36% against a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation compiles into $93,936 by year five. Five-year ROI reaches 125.97% and total cumulative return in cash sums $141,978. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,651/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 1980
0.28 Acres 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: Louis Privitera • ROBERT SLACK LLC
Mls Name: Stellar MLS
Mls ID: #O6341642