117 Academy DrFort PierceFL34946
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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 117 Academy Dr, Fort Pierce, FL, 34946 with 5% annual appreciation on a $153,700 basis while $2,160/mo rent supports operations. Total monthly income totals $2,160/mo and a $752/mo payment preserves $1,140/mo for cash returns. Annual cash flow comes to $13,684/yr on $50,952 deployed, and return on cash invested reaches 46.77% in year one. Equity gained on principal adds $992/yr, and five-year appreciation sums $42,464 alongside rental yield of 16.86%. Five-year ROI measures 247.54% and total cumulative return in cash totals $126,124.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,160/mo property income versus a $752/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1968
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34946, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,223 (100%) |
| Owner Occupied HU | 1,611 (50.0%) |
| Renter Occupied HU | 975 (30.3%) |
| Vacant Housing Units | 637 (19.8%) |
| Median Home Value | $110,929 |
| Average Home Value | $217,946 |
Housing Distribution
Address Breakdown
Residential
2,815
Single Family
2,815
Multi-Family
0
Businesses
279
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Listed by: Andrea Butcher • Realhome Service & Solutions I
Mls Name: BeachesMLS
Mls ID: #F10493379