820 SE Grovebush LanePort Saint LucieFL34984
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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 Port Saint Lucie at 820 SE Grovebush Lane, Port Saint Lucie, FL, 34984 offers a 10.84% rental yield on a $345,500 purchase with $3,120/mo rent. Total monthly income registers $3,120/mo, and a $1,691/mo payment leaves $827/mo available for distribution. Annual cash flow reaches $9,927/yr on $114,533 to close, and return on cash invested stands at 28.58% in year one. Equity gained on principal adds $2,229/yr while 5% annual appreciation supports $95,455 over five years. Portfolio math shows five-year ROI at 149.92% and total cumulative return in cash at $171,713. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,120/mo property income against a $1,691/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2023
1,797 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34984, Port Saint Lucie, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,072 (100%) |
| Owner Occupied HU | 6,512 (80.7%) |
| Renter Occupied HU | 1,083 (13.4%) |
| Vacant Housing Units | 477 ( 5.9%) |
| Median Home Value | $430,184 |
| Average Home Value | $492,634 |
Housing Distribution
Address Breakdown
Residential
7,404
Single Family
7,029
Multi-Family
375
Businesses
413
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Listed by: Kirk Andersen • Beach Town Real Estate LLC
Mls Name: BeachesMLS
Mls ID: #RX-11136946