548 NE Canoe Park CirPort Saint LucieFL34983
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.41% yield at 548 NE Canoe Park Cir, Port Saint Lucie, FL, 34983 in Port Saint Lucie is solid, but the $1,922/mo payment compresses net cash flow to $161/mo at $427,500. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $118,110 by year five, and $3,937/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.56) without U.S. income documentation. Total projected return: $173,344.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.2% |
| Monthly Cash Flow | $161 | $1,250 |
City averages based on Port Saint Lucie market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,998 |
| Total Monthly Debt Service | $2,667 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2004
7,405 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
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
Single Family
Built in 2004
7,405 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: Brenda Thibaudeau • The Keyes Company - Jensen Beach
Mls Name: Martin County REALTORS of the Treasure Coast (MCRTC)
Mls ID: #M20052184