300 Riomar DrPort Saint LucieFL34950
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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 300 Riomar Dr, Port Saint Lucie, FL, 34950 offers $3,467/mo rent that, after a $2,442/mo payment, leaves $156/mo cash flow. Total monthly income is $3,467/mo, and annual cash flow is $1,871/yr on $165,419 cash. Return on cash invested measures 21.04% in year one, and rental yield stands at 8.34% at a $499,000 entry. Equity gained on principal adds $3,220/yr while 5% annual appreciation compounds into $137,865 by year five. Five-year ROI records 109.48% and total cumulative return in cash reaches $181,098. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,467/mo property income versus a $2,442/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34950, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,045 (100%) |
| Owner Occupied HU | 2,481 (35.2%) |
| Renter Occupied HU | 3,903 (55.4%) |
| Vacant Housing Units | 661 ( 9.4%) |
| Median Home Value | $173,750 |
| Average Home Value | $260,293 |
Housing Distribution
Address Breakdown
Residential
6,131
Single Family
5,905
Multi-Family
226
Businesses
910
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Listed by: Robert MacCallum • Exit Right Realty
Mls Name: Space Coast AOR
Mls ID: #1062813