258 SE Courances DrivePort Saint LucieFL34984
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 258 SE Courances Drive, Port Saint Lucie, FL, 34984 offers $3,256/mo rent that, after a $2,178/mo payment. Total monthly income is $3,256/mo. Return on cash invested measures 15.37% in year one, and rental yield stands at 8.78% at a $444,900 entry. Equity gained on principal adds $2,871/yr while 5% annual appreciation compounds into $122,918 by year five. Five-year ROI records 81.61% and total cumulative return in cash reaches $120,361. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,256/mo property income versus a $2,178/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
7,449 sqft lot
$N/A/sqft
$318 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34984, Port Saint Lucie, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,072 (100%) |
| Owner Occupied HU | 6,512 (80.7%) |
| Renter Occupied HU | 1,083 (13.4%) |
| Vacant Housing Units | 477 ( 5.9%) |
| Median Home Value | $430,184 |
| Average Home Value | $492,634 |
Housing Distribution
Address Breakdown
Residential
7,404
Single Family
7,029
Multi-Family
375
Businesses
413
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Listed by: Donald Glancy • Osprey Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11007692
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, 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.