1200 Palm Walk LaneFort 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 1200 Palm Walk Lane, Fort Pierce, FL, 34950 offers a 9.62% rental yield on a $289,000 purchase with $2,316/mo rent. Total monthly income registers $2,316/mo, and a $1,415/mo payment leaves $398/mo available for distribution. Annual cash flow reaches $4,772/yr on $95,804 to close, and return on cash invested stands at 24.89% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 130.16% and total cumulative return in cash at $124,694. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,316/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
9,276 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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Listed by: Kathy L Gagnon • Real Estate Expo Inc
Mls Name: BeachesMLS
Mls ID: #RX-11122995