1308 N 15th StreetFort 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 1308 N 15th Street, Fort Pierce, FL, 34950 uses $41,438 cash to close to unlock $1,911/yr annual cash flow and $159/mo monthly cash flow. Total monthly income runs $989/mo, and a $612/mo payment keeps the spread at $159/mo. Purchase price stands at $125,000, and rental yield measures 9.49% with $989/mo rent. Return on cash invested shows 24.52% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 128.27% and total cumulative return in cash records $53,153. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $989/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1951
7,500 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: Ethan McAuliffe PA • EXP Realty LLC
Mls Name: BeachesMLS
Mls ID: #RX-11113998