788 SW Saint Croix CovePort Saint LucieFL34986
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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 788 SW Saint Croix Cove, Port Saint Lucie, FL, 34986 priced at $369,000 converts $2,978/mo rent into $529/mo cash flow after a $1,806/mo obligation. Total monthly income equals $2,978/mo, and annual cash flow totals $6,352/yr on $122,324 invested. Return on cash invested prints 25.1% in year one, and rental yield reads 9.68% against a $369,000 entry. Equity gained on principal adds $2,381/yr, while 5% annual appreciation compiles into $101,948 by year five. Five-year ROI reaches 131.29% and total cumulative return in cash sums $160,599. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,978/mo property income covering a $1,806/mo payment, not borrower’s personal income.
Single Family
Built in 1999
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34986, Port Saint Lucie, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,052 (100%) |
| Owner Occupied HU | 12,370 (72.5%) |
| Renter Occupied HU | 2,449 (14.4%) |
| Vacant Housing Units | 2,233 (13.1%) |
| Median Home Value | $442,849 |
| Average Home Value | $481,058 |
Housing Distribution
Address Breakdown
Residential
15,027
Single Family
13,253
Multi-Family
1,774
Businesses
837
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Listed by: Erik Nikolah Rosa-Turner • South Florida Realty Prop
Mls Name: BeachesMLS
Mls ID: #RX-11146530