251 SW Palm Dr APT 203Port Saint LucieFL34986
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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
Investment property for sale in Port Saint Lucie at 251 SW Palm Dr APT 203, Port Saint Lucie, FL, 34986 offers a 11.25% rental yield on a $177,315 purchase with $1,662/mo rent. 25% in year one. Equity gained on principal adds $1,144/yr while 5% annual appreciation supports $48,989 over five years. Portfolio math shows five-year ROI at 98.73% and total cumulative return in cash at $58,034. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,662/mo property income against a $868/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2005
30.61 Acres lot
$N/A/sqft
$400 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
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Listed by: Dennis Fadden • Coldwell Banker Realty
Mls Name: Martin County REALTORS of the Treasure Coast (MCRTC)
Mls Provider:
Mls ID: #M20049897
Disclaimer: All listings featuring the MCRTC logo are provided by Martin County REALTORS of the Treasure Coast, Inc. Multiple Listing Service. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Martin County REALTORS of the Treasure Coast, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.