123 Lakes End Dr APT DFort PierceFL34982
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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 123 Lakes End Dr APT D, Fort Pierce, FL, 34982 offers a 11.88% rental yield on a $194,000 purchase with $1,920/mo rent. 67% in year one. Equity gained on principal adds $1,252/yr while 5% annual appreciation supports $53,599 over five years. Portfolio math shows five-year ROI at 96.59% and total cumulative return in cash at $62,120. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $950/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1979
N/A lot
$N/A/sqft
$588 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34982, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,995 (100%) |
| Owner Occupied HU | 7,791 (65.0%) |
| Renter Occupied HU | 3,315 (27.6%) |
| Vacant Housing Units | 889 ( 7.4%) |
| Median Home Value | $348,376 |
| Average Home Value | $373,631 |
Housing Distribution
Address Breakdown
Residential
11,555
Single Family
10,815
Multi-Family
740
Businesses
739
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Listed by: Holly R Gorman • One Sotheby's Int'l Realty
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #287390
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.