1115 Colonial RoadFort PierceFL34950
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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 Fort Pierce at 1115 Colonial Road, Fort Pierce, FL, 34950 listed at $285,000 pairs $2,143/mo rent with a $1,395/mo payment to leave $252/mo cash flow. Total monthly income runs $2,143/mo, and annual cash flow reaches $3,019/yr on $94,478 cash to close. Return on cash invested measures 23.1% in year one, and rental yield registers 9.02% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 120.58% and total cumulative return in cash totals $113,922. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,143/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34950, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,045 (100%) |
| Owner Occupied HU | 2,481 (35.2%) |
| Renter Occupied HU | 3,903 (55.4%) |
| Vacant Housing Units | 661 ( 9.4%) |
| Median Home Value | $173,750 |
| Average Home Value | $260,293 |
Housing Distribution
Address Breakdown
Residential
6,131
Single Family
5,905
Multi-Family
226
Businesses
910
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Nearby investment properties with comparable prices
Listed by: Melissa R Francios • CENTURY 21 Tenace Realty
Mls Name: BeachesMLS
Mls ID: #RX-11092790