345 Sandia AvePort 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 345 Sandia Ave, Port Saint Lucie, FL, 34983 uses $96,102 cash to close to unlock $5,077/yr annual cash flow and $423/mo monthly cash flow. Total monthly income runs $2,347/mo, and a $1,419/mo payment keeps the spread at $423/mo. Purchase price stands at $289,900, and rental yield measures 9.72% with $2,347/mo rent. Return on cash invested shows 25.19% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 131.79% and total cumulative return in cash records $126,657. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,347/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.25 Acres 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: Mimose Joseph • United Realty Group, Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11744178
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.