1601 Mariner Bay BoulevardFort PierceFL34949
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
Investment Highlights
Rental property for sale in Fort Pierce at 1601 Mariner Bay Boulevard, Fort Pierce, FL, 34949 priced at $538,000 converts $3,234/mo rent into after a $2,633/mo obligation. Total monthly income equals $3,234/mo. Return on cash invested prints 12.09% in year one, and rental yield reads 7.21% against a $538,000 entry. Equity gained on principal adds $3,472/yr, while 5% annual appreciation compiles into $148,639 by year five. Five-year ROI reaches 63.54% and total cumulative return in cash sums $112,474. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,234/mo property income covering a $2,633/mo payment, not borrower’s personal income.
Townhouse
Built in 2005
1,929 sqft lot
$N/A/sqft
$740 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anitra Murphy • Redfin Corporation
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11053343
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.