356 SW Grimaldo TerracePort Saint LucieFL34984
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 356 SW Grimaldo Terrace, Port Saint Lucie, FL, 34984 in Port Saint Lucie at $399,000 earns $2,697/mo in rent and nets $49/mo after the $1,794/mo payment, a 8.11% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $110,236 over five years. Ziffy Mortgage underwrites this on a 1.50 DSCR without U.S. credit history. With $3,675/yr in principal paydown, total projected return reaches $155,285.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.2% |
| Monthly Cash Flow | $49 | $1,250 |
City averages based on Port Saint Lucie market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,697 |
| Total Monthly Debt Service | $2,489 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1991
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34984, Port Saint Lucie, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,072 (100%) |
| Owner Occupied HU | 6,512 (80.7%) |
| Renter Occupied HU | 1,083 (13.4%) |
| Vacant Housing Units | 477 ( 5.9%) |
| Median Home Value | $430,184 |
| Average Home Value | $492,634 |
Housing Distribution
Address Breakdown
Residential
7,404
Single Family
7,029
Multi-Family
375
Businesses
413
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
Single Family
Built in 1991
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34984, Port Saint Lucie, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,072 (100%) |
| Owner Occupied HU | 6,512 (80.7%) |
| Renter Occupied HU | 1,083 (13.4%) |
| Vacant Housing Units | 477 ( 5.9%) |
| Median Home Value | $430,184 |
| Average Home Value | $492,634 |
Housing Distribution
Address Breakdown
Residential
7,404
Single Family
7,029
Multi-Family
375
Businesses
413
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie A Dockter • Bradley & Associates Real Est
Mls Name: BeachesMLS
Mls ID: #RX-11136361