985 SW John Maccormack TerracePort Saint LucieFL34953
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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 985 SW John Maccormack Terrace, Port Saint Lucie, FL, 34953 offers a 9.32% rental yield on a $350,000 purchase with $2,718/mo rent. Total monthly income registers $2,718/mo, and a $1,713/mo payment leaves $395/mo available for distribution. Annual cash flow reaches $4,745/yr on $116,025 to close, and return on cash invested stands at 24% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 125.37% and total cumulative return in cash at $145,466. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,718/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34953, Port Saint Lucie, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,384 (100%) |
| Owner Occupied HU | 24,892 (81.9%) |
| Renter Occupied HU | 4,777 (15.7%) |
| Vacant Housing Units | 715 ( 2.4%) |
| Median Home Value | $404,077 |
| Average Home Value | $421,658 |
Housing Distribution
Address Breakdown
Residential
30,644
Single Family
30,396
Multi-Family
248
Businesses
520
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Listed by: Eric Griemsmann • EXP Realty LLC
Mls Name: BeachesMLS
Mls ID: #RX-11126812