489 SE Evergreen TerracePort Saint LucieFL34983
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
Investment Highlights
Investment property for sale in Port Saint Lucie at 489 SE Evergreen Terrace, Port Saint Lucie, FL, 34983 at $380,000 posts ROI 31.55% with $1,222/mo cash flow from $3,744/mo rent. Total monthly income equals $3,744/mo, and annual cash flow records $14,666/yr on $125,970 to close. Return on cash invested measures 31.55% and rental yield reads 11.82% at the current $380,000. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 by year five. Five-year ROI prints 165.89% and total cumulative return in cash totals $208,969.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,744/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1988
10,038 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: Nancylee Novoa • Keller Williams Realty Jupiter
Mls Name: BeachesMLS
Mls ID: #RX-11115819