106 Pummelo PlaceFort PierceFL34981
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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 Fort Pierce at 106 Pummelo Place, Fort Pierce, FL, 34981 priced at $365,000 pairs $3,080/mo rent with $658/mo cash flow after a $1,786/mo payment. Total monthly income equals $3,080/mo, and annual cash flow comes to $7,899/yr on $120,998 invested. Return on cash invested is 26.44% in year one, and rental yield stands at 10.13% on a $365,000 basis. Equity gained on principal adds $2,355/yr, and 5% annual appreciation accumulates to $100,843 by year five. Five-year ROI measures 138.46% and total cumulative return in cash reaches $167,527. For financing, Ziffy Mortgage’s DSCR program evaluates $3,080/mo property income against a $1,786/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34981, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,731 (100%) |
| Owner Occupied HU | 1,460 (53.5%) |
| Renter Occupied HU | 754 (27.6%) |
| Vacant Housing Units | 517 (18.9%) |
| Median Home Value | $443,385 |
| Average Home Value | $446,584 |
Housing Distribution
Address Breakdown
Residential
2,312
Single Family
2,244
Multi-Family
68
Businesses
177
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Listed by: Ralph Patora • United Realty Group, Inc
Mls Name: BeachesMLS
Mls ID: #RX-11120534