846 SE Cavern 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 846 SE Cavern Ave, Port Saint Lucie, FL, 34983 generates $2,669/mo in rent and, after a $1,652/mo payment, leaves $429/mo in cash flow. Total monthly income is $2,669/mo, and annual cash flow is $5,150/yr on $111,881 invested. Return on cash invested sits at 24.51% in year one, and rental yield is 9.49% on a $337,500 entry. Equity gained on principal adds $2,178/yr, while 5% annual appreciation builds toward $93,245 over five years. Five-year ROI reaches 128.14% and total cumulative return in cash sums $143,365. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,669/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
10,000 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: John Scalia • EXP Realty, LLC.
Mls Name: MIAMI
Mls ID: #A11903973