1458 N Lawnwood Circle #28bFort 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 1458 N Lawnwood Circle #28b, Fort Pierce, FL, 34950 uses $65,969 cash to close to unlock $3,137/yr annual cash flow and $261/mo monthly cash flow. Total monthly income runs $1,582/mo, and a $974/mo payment keeps the spread at $261/mo. Purchase price stands at $199,000, and rental yield measures 9.54% with $1,582/mo rent. Return on cash invested shows 24.66% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 128.96% and total cumulative return in cash records $85,074. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,582/mo property income covering a $974/mo payment rather than investor’s personal income.
Townhouse
Built in 1985
N/A 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: Ella Jean Field • LAER Realty Partners Bowen/Wellington
Mls Name: BeachesMLS
Mls ID: #RX-11108446