507 NW Billiar AvenuePort 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
Rental property for sale in Port Saint Lucie at 507 NW Billiar Avenue, Port Saint Lucie, FL, 34983 priced at $340,000 pairs $2,230/mo rent with after a $1,664/mo payment. Total monthly income equals $2,230/mo. Return on cash invested is 19.63% in year one, and rental yield stands at 7.87% on a $340,000 basis. Equity gained on principal adds $2,194/yr, and 5% annual appreciation accumulates to $93,936 by year five. Five-year ROI measures 101.93% and total cumulative return in cash reaches $114,882. For financing, Ziffy Mortgage’s DSCR program evaluates $2,230/mo property income against a $1,664/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
10,000 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trisha Hutchinson • William Raveis Real Estate
Mls Name: BeachesMLS
Mls ID: #RX-11150221