143 N 15th StreetFort PierceFL34950
INVESTMENT ANALYSIS
Investment Verdict
Solid Income143 N 15th Street, Fort Pierce, FL, 34950 in Fort Pierce earns a respectable 9.24% gross yield at $170,000, but after the $764/mo mortgage the net cash flow is $181/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.71) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $46,968 over five years, making equity the dominant return driver. Total projected return: $76,452.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 7.5% |
| Monthly Cash Flow | $181 | $250 |
City averages based on Fort Pierce market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,309 |
| Total Monthly Debt Service | $1,061 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1912
7,750 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1912
7,750 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Uvanne C Rose • Ubar Realty Inc
Mls Name: BeachesMLS
Mls ID: #RX-11161888