2620 SW Altamira AvenuePort Saint LucieFL34987
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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 2620 SW Altamira Avenue, Port Saint Lucie, FL, 34987 uses $200,657 cash to close to unlock $3,537/yr annual cash flow and $295/mo monthly cash flow. Total monthly income runs $4,342/mo, and a $2,985/mo payment keeps the spread at $295/mo. Purchase price stands at $609,900, and rental yield measures 8.54% with $4,342/mo rent. Return on cash invested shows 21.82% in year one, and 5% annual appreciation builds toward $168,504 over five years. Five-year ROI reaches 113.66% and total cumulative return in cash records $228,072. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,342/mo property income covering a $2,985/mo payment rather than investor’s personal income.
Single Family
Built in 2007
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34987, Port Saint Lucie, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,491 (100%) |
| Owner Occupied HU | 11,302 (68.5%) |
| Renter Occupied HU | 2,753 (16.7%) |
| Vacant Housing Units | 2,436 (14.8%) |
| Median Home Value | $475,710 |
| Average Home Value | $527,525 |
Housing Distribution
Address Breakdown
Residential
13,529
Single Family
10,100
Multi-Family
3,429
Businesses
223
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Listed by: Mary Ann Zuver • Coastal Breeze Realty Corp
Mls Name: BeachesMLS
Mls ID: #RX-11130048