418 SE Essex DrPort Saint LucieFL34984
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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 418 SE Essex Dr, Port Saint Lucie, FL, 34984 uses $171,080 cash to close to unlock $14,620/yr annual cash flow and $1,218/mo monthly cash flow. Total monthly income runs $4,669/mo, and a $2,545/mo payment keeps the spread at $1,218/mo. Purchase price stands at $520,000, and rental yield measures 10.77% with $4,669/mo rent. Return on cash invested shows 28.61% in year one, and 5% annual appreciation builds toward $143,666 over five years. Five-year ROI reaches 150.06% and total cumulative return in cash records $256,715. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,669/mo property income covering a $2,545/mo payment rather than investor’s personal income.
Single Family
Built in 2005
10,018 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
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Listed by: Yusimi Arjona • Keller Williams Realty Brevard
Mls Name: Space Coast AOR
Mls ID: #1046102
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.