264 NE Summer RoadPort 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 264 NE Summer Road, Port Saint Lucie, FL, 34983 priced at $295,000 pairs $2,193/mo rent with $235/mo cash flow after a $1,444/mo payment. Total monthly income equals $2,193/mo, and annual cash flow comes to $2,823/yr on $97,793 invested. Return on cash invested is 22.8% in year one, and rental yield stands at 8.92% on a $295,000 basis. Equity gained on principal adds $1,904/yr, and 5% annual appreciation accumulates to $81,503 by year five. Five-year ROI measures 118.94% and total cumulative return in cash reaches $116,318. For financing, Ziffy Mortgage’s DSCR program evaluates $2,193/mo property income against a $1,444/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1971
8,800 sqft 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: Silvana P Rebelo • LAER Realty Partners Bowen/PSL
Mls Name: BeachesMLS
Mls ID: #RX-11139886