111 Lakes End Drive #BFort PierceFL34982
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fort Pierce at 111 Lakes End Drive #B, Fort Pierce, FL, 34982 at $150,000 posts ROI 24.03% with $171/mo cash flow from $1,166/mo rent. Total monthly income equals $1,166/mo, and annual cash flow records $2,049/yr on $49,725 to close. Return on cash invested measures 24.03% and rental yield reads 9.33% at the current $150,000. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 by year five. Five-year ROI prints 125.55% and total cumulative return in cash totals $62,430.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,166/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34982, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,995 (100%) |
| Owner Occupied HU | 7,791 (65.0%) |
| Renter Occupied HU | 3,315 (27.6%) |
| Vacant Housing Units | 889 ( 7.4%) |
| Median Home Value | $348,376 |
| Average Home Value | $373,631 |
Housing Distribution
Address Breakdown
Residential
11,555
Single Family
10,815
Multi-Family
740
Businesses
739
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Listed by: Paula Hosein • NextHome Treasure Coast
Mls Name: BeachesMLS
Mls ID: #RX-11133581