6464 NW Cloverdale AvePort Saint LucieFL34987
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
Investment Highlights
Rental property for sale in Port Saint Lucie at 6464 NW Cloverdale Ave, Port Saint Lucie, FL, 34987 generates $4,399/mo in rent and, after a $2,083/mo payment, leaves $1,368/mo in cash flow. Total monthly income is $4,399/mo, and annual cash flow is $16,412/yr on $141,100 invested. Return on cash invested sits at 31.54% in year one, and rental yield is 12.4% on a $425,640 entry. Equity gained on principal adds $2,747/yr, while 5% annual appreciation builds toward $117,596 over five years. Five-year ROI reaches 166.44% and total cumulative return in cash sums $234,842. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,399/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
6,534 sqft lot
$N/A/sqft
$207 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34987, Port Saint Lucie, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,491 (100%) |
| Owner Occupied HU | 11,302 (68.5%) |
| Renter Occupied HU | 2,753 (16.7%) |
| Vacant Housing Units | 2,436 (14.8%) |
| Median Home Value | $475,710 |
| Average Home Value | $527,525 |
Housing Distribution
Address Breakdown
Residential
13,529
Single Family
10,100
Multi-Family
3,429
Businesses
223
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tatiana Souza • Meritage Homes Of Fl Realty
Mls Name: Martin County REALTORS of the Treasure Coast (MCRTC)
Mls Provider:
Mls ID: #M20046116
Disclaimer: The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Copyright 2024 Realtor Association of Martin County, Inc. MLS. All rights reserved.