140 Ocean Estates DrFort PierceFL34949
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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
Rental property for sale in Fort Pierce at 140 Ocean Estates Dr, Fort Pierce, FL, 34949 priced at $1,749,999 converts $5,308/mo rent into after a $8,565/mo obligation. Total monthly income equals $5,308/mo. Return on cash invested prints 5.53% in year one, and rental yield reads 3.64% against a $1,749,999 entry. Equity gained on principal adds $11,292/yr, while 5% annual appreciation compiles into $483,492 by year five. Five-year ROI reaches 26.79% and total cumulative return in cash sums $151,917. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,308/mo property income covering a $8,565/mo payment, not borrower’s personal income.
Single Family
Built in 2022
4,356 sqft lot
$N/A/sqft
$288 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34949, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,193 (100%) |
| Owner Occupied HU | 3,681 (51.2%) |
| Renter Occupied HU | 829 (11.5%) |
| Vacant Housing Units | 2,683 (37.3%) |
| Median Home Value | $511,069 |
| Average Home Value | $543,473 |
Housing Distribution
Address Breakdown
Residential
6,777
Single Family
2,843
Multi-Family
3,934
Businesses
96
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Listed by: Marie Helen Ledbetter • COLDWELL BANKER RESIDENTIAL RE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6253583
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511