119 N 11th StFort 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 119 N 11th St, Fort Pierce, FL, 34950 uses $67,924 cash to close to unlock $7,106/yr annual cash flow and $592/mo monthly cash flow. Total monthly income runs $1,952/mo, and a $1,003/mo payment keeps the spread at $592/mo. Purchase price stands at $204,900, and rental yield measures 11.43% with $1,952/mo rent. Return on cash invested shows 30.37% in year one, and 5% annual appreciation builds toward $56,610 over five years. Five-year ROI reaches 159.58% and total cumulative return in cash records $108,394. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,952/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Multi Family
Built in 1926
0.25 Acres 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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