551 NW Grenada StreetPort Saint LucieFL34983
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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
Investment property for sale in Port Saint Lucie at 551 NW Grenada Street, Port Saint Lucie, FL, 34983 listed at $399,900 pairs $2,762/mo rent with a $1,957/mo payment to leave $109/mo cash flow. Total monthly income runs $2,762/mo, and annual cash flow reaches $1,302/yr on $132,567 cash to close. Return on cash invested measures 20.89% in year one, and rental yield registers 8.29% at a $399,900 basis. Equity gained on principal adds $2,580/yr, and annual property appreciation at 5% supports $110,485 by year five. Five-year ROI tracks 108.7% and total cumulative return in cash totals $144,104. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,762/mo property income relative to a $1,957/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
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
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Listed by: Erik James Beiser • Bradley & Associates Real Est
Mls Name: BeachesMLS
Mls ID: #RX-11133920