340 NE Solida DrivePort 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 340 NE Solida Drive, Port Saint Lucie, FL, 34983 generates $3,289/mo in rent and, after a $1,835/mo payment, leaves $720/mo in cash flow. Total monthly income is $3,289/mo, and annual cash flow is $8,639/yr on $124,313 invested. Return on cash invested sits at 26.86% in year one, and rental yield is 10.52% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 140.97% and total cumulative return in cash sums $175,239. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,289/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
9,625 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: Daniel Dinsmore • Baron Real Estate
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11076623
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.