297 NE Glentry AvePort Saint LucieFL34983
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 297 NE Glentry Ave, Port Saint Lucie, FL, 34983 priced at $430,000 converts $3,792/mo rent into $866/mo cash flow after a $2,105/mo obligation. Total monthly income equals $3,792/mo, and annual cash flow totals $10,388/yr on $142,545 invested. Return on cash invested prints 27.2% in year one, and rental yield reads 10.58% against a $430,000 entry. Equity gained on principal adds $2,775/yr, while 5% annual appreciation compiles into $118,801 by year five. Five-year ROI reaches 142.73% and total cumulative return in cash sums $203,451. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,792/mo property income covering a $2,105/mo payment, not borrower’s personal income.
Single Family
Built in 2019
10,018 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: Rachel M Walburn • Keller Williams Realty Fort Myers and the Islands
Mls Name: HFMLS
Mls ID: #316128
Disclaimer: Copyright Heartland Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.