862 SE Courances DrPt 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 Pt Saint Lucie at 862 SE Courances Dr, Pt Saint Lucie, FL, 34984 earns $1,061/mo cash flow from $5,804/mo rent with a $3,264/mo payment. Total monthly income totals $5,804/mo, and annual cash flow totals $12,727/yr on $219,394 capital. ROI tracks 25.86% on current figures, and rental yield reads 10.44% at a $666,850 purchase. Equity gained on principal adds $4,303/yr, and 5% annual appreciation supports $184,238 over five years. Five-year ROI reaches 135.95% and total cumulative return in cash sums $298,260. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,804/mo property income instead of your personal income.
Single Family
Built in 2024
8,491 sqft lot
$N/A/sqft
$318 monthly 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: David Achee • Pulte Realty Inc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-10986371
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.