601 NE Waters Edge Lane #2101Pt 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 Pt Saint Lucie at 601 NE Waters Edge Lane #2101, Pt Saint Lucie, FL, 34983 uses $130,611 cash to close to unlock $9,081/yr annual cash flow and $757/mo monthly cash flow. Total monthly income runs $3,371/mo, and a $1,928/mo payment keeps the spread at $757/mo. Purchase price stands at $394,000, and rental yield measures 10.27% with $3,371/mo rent. Return on cash invested shows 26.86% in year one, and 5% annual appreciation builds toward $108,855 over five years. Five-year ROI reaches 140.7% and total cumulative return in cash records $183,772. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,371/mo property income covering a $1,928/mo payment rather than investor’s personal income.
Townhouse
Built in 2023
3,485 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: Nelida I Kehle • Illustrated Properties LLC (Co
Mls Name: BeachesMLS
Mls ID: #RX-11146305