650 SE Strait AvePort 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 650 SE Strait Ave, Port Saint Lucie, FL, 34983 offers $2,747/mo rent that, after a $1,948/mo payment, leaves $106/mo cash flow. Total monthly income is $2,747/mo, and annual cash flow is $1,270/yr on $131,937 cash. Return on cash invested measures 20.87% in year one, and rental yield stands at 8.28% at a $398,000 entry. Equity gained on principal adds $2,568/yr while 5% annual appreciation compounds into $109,960 by year five. Five-year ROI records 108.59% and total cumulative return in cash reaches $143,268. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,747/mo property income versus a $1,948/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
10,001 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: Sophia Kennedy • Infiniti Realty Inc
Mls Name: BeachesMLS
Mls ID: #F10525962