524 SE Rivergrass StPort Saint LucieFL34984
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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 524 SE Rivergrass St, Port Saint Lucie, FL, 34984 priced at $389,380 converts $3,120/mo rent into $536/mo cash flow after a $1,906/mo obligation. Total monthly income equals $3,120/mo, and annual cash flow totals $6,430/yr on $129,079 invested. Return on cash invested prints 24.89% in year one, and rental yield reads 9.62% against a $389,380 entry. Equity gained on principal adds $2,513/yr, while 5% annual appreciation compiles into $107,579 by year five. Five-year ROI reaches 130.13% and total cumulative return in cash sums $167,970. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,120/mo property income covering a $1,906/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A 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: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A