596 NW Waverly CirclePort 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
Rental property for sale in Port Saint Lucie at 596 NW Waverly Circle, Port Saint Lucie, FL, 34983 priced at $479,000 converts $3,409/mo rent into $1/mo cash flow after a $2,344/mo obligation. Total monthly income equals $3,409/mo, and annual cash flow totals $9/yr on $158,789 invested. Return on cash invested prints 19.91% in year one, and rental yield reads 8.54% against a $479,000 entry. Equity gained on principal adds $3,091/yr, while 5% annual appreciation compiles into $132,339 by year five. Five-year ROI reaches 104.09% and total cumulative return in cash sums $165,279. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,409/mo property income covering a $2,344/mo payment, not borrower’s personal income.
Single Family
Built in 2003
N/A lot
$N/A/sqft
$230 monthly 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: Terry Holloway • RE/MAX Gold
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11021543
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.