1605 N 23rd StFort 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 1605 N 23rd St, Fort Pierce, FL, 34950 earns $467/mo cash flow from $2,723/mo rent with a $1,664/mo payment. Total monthly income totals $2,723/mo, and annual cash flow totals $5,602/yr on $112,710 capital. ROI tracks 24.88% on current figures, and rental yield reads 9.61% at a $339,999 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,935 over five years. Five-year ROI reaches 130.08% and total cumulative return in cash sums $146,610. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,723/mo property income instead of your personal income.
Single Family
Built in 2025
6,298 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: Adriana Pena Chacon • EXIT Right Realty
Mls Name: BeachesMLS
Mls ID: #F10537996