531 SE Whitmore 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
Rental property for sale in Port Saint Lucie at 531 SE Whitmore Dr, Port Saint Lucie, FL, 34984 priced at $349,900 converts $4,378/mo rent into $1,933/mo cash flow after a $1,713/mo obligation. Total monthly income equals $4,378/mo, and annual cash flow totals $23,201/yr on $115,992 invested. Return on cash invested prints 39.91% in year one, and rental yield reads 15.01% against a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,671 by year five. Five-year ROI reaches 211.17% and total cumulative return in cash sums $244,938. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,378/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1980
10,454 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: Dennis Stricker • Real Broker, LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11017426
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.