331 NW Somerset CirclePort 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
Investment property for sale in Port Saint Lucie at 331 NW Somerset Circle, Port Saint Lucie, FL, 34983 with 5% annual appreciation on a $410,000 basis while $2,478/mo rent supports operations. 76% in year one. Equity gained on principal adds $2,646/yr, and five-year appreciation sums $113,275 alongside rental yield of 7.25%. Five-year ROI measures 91.91% and total cumulative return in cash totals $124,919. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,478/mo property income versus a $2,007/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
6,366 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: Margaret Lynn Schellenger • Real Estate of Florida
Mls Name: BeachesMLS
Mls ID: #RX-11146771