Grenada Plan, Veranda OaksLucieFL34984
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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 Lucie at Grenada Plan, Veranda Oaks, Lucie, FL, 34984 priced at $480,999 converts $2,826/mo rent into after a $2,354/mo obligation. Total monthly income equals $2,826/mo. Return on cash invested prints 17.16% in year one, and rental yield reads 7.05% against a $480,999 entry. Equity gained on principal adds $3,104/yr, while 5% annual appreciation compiles into $132,891 by year five. Five-year ROI reaches 88.68% and total cumulative return in cash sums $141,402. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,826/mo property income covering a $2,354/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A 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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