357 NW Springview LoopPort Saint LucieFL34986
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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 357 NW Springview Loop, Port Saint Lucie, FL, 34986 priced at $390,000 converts $2,912/mo rent into $324/mo cash flow after a $1,909/mo obligation. Total monthly income equals $2,912/mo, and annual cash flow totals $3,885/yr on $129,285 invested. Return on cash invested prints 22.91% in year one, and rental yield reads 8.96% against a $390,000 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation compiles into $107,750 by year five. Five-year ROI reaches 119.55% and total cumulative return in cash sums $154,556. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,912/mo property income covering a $1,909/mo payment, not borrower’s personal income.
Single Family
Built in 2004
5,837 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34986, Port Saint Lucie, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,052 (100%) |
| Owner Occupied HU | 12,370 (72.5%) |
| Renter Occupied HU | 2,449 (14.4%) |
| Vacant Housing Units | 2,233 (13.1%) |
| Median Home Value | $442,849 |
| Average Home Value | $481,058 |
Housing Distribution
Address Breakdown
Residential
15,027
Single Family
13,253
Multi-Family
1,774
Businesses
837
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Listed by: Loretta A DiRosa • Coldwell Banker Realty
Mls Name: BeachesMLS
Mls ID: #RX-11148752