2408 SE Garden Ter #105Port Saint LucieFL34952
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 2408 SE Garden Ter #105, Port Saint Lucie, FL, 34952 in Port Saint Lucie: $1,972/mo in rent, $647/mo net, 17.95% gross yield, all on a $131,800 acquisition. The 3.33 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $36,414 in value, and $1,214/yr in principal paydown steadily builds equity. Projected total cumulative return: $93,848.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18% | 6.2% |
| Monthly Cash Flow | $647 | $1,250 |
City averages based on Port Saint Lucie market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,972 |
| Total Monthly Debt Service | $1,272 |
| DSCR Ratio | 1.55x |
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.
Condo
Built in 1987
1,000 sqft lot
$N/A/sqft
$450 monthly 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
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
Condo
Built in 1987
1,000 sqft lot
$N/A/sqft
$450 monthly 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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A