1115 Hernando StFort PierceFL34949
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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 1115 Hernando St, Fort Pierce, FL, 34949 priced at $1,195,000 converts $33,200/mo rent into $25,270/mo cash flow after a $5,849/mo obligation. Total monthly income equals $33,200/mo, and annual cash flow totals $303,237/yr on $387,180 invested. Return on cash invested prints 98.69% in year one, and rental yield reads 33.34% against a $1,195,000 entry. Equity gained on principal adds $7,711/yr, while 5% annual appreciation compiles into $330,156 by year five. Five-year ROI reaches 525.8% and total cumulative return in cash sums $2,035,790. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $33,200/mo property income covering a $5,849/mo payment, not borrower’s personal income.
Multi Family
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34949, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,193 (100%) |
| Owner Occupied HU | 3,681 (51.2%) |
| Renter Occupied HU | 829 (11.5%) |
| Vacant Housing Units | 2,683 (37.3%) |
| Median Home Value | $511,069 |
| Average Home Value | $543,473 |
Housing Distribution
Address Breakdown
Residential
6,777
Single Family
2,843
Multi-Family
3,934
Businesses
96
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Listed by: Hilda Rueda • First Service Realty ERA
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11698332
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.