1718 Party PlaceFort PierceFL34947
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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 1718 Party Place, Fort Pierce, FL, 34947 earns $517/mo cash flow from $2,501/mo rent with a $1,463/mo payment. Total monthly income totals $2,501/mo, and annual cash flow totals $6,209/yr on $99,085 capital. ROI tracks 26.18% on current figures, and rental yield reads 10.04% at a $298,900 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,581 over five years. Five-year ROI reaches 137.06% and total cumulative return in cash sums $135,807. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,501/mo property income instead of your personal income.
Townhouse
Built in 2023
2,614 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34947, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,791 (100%) |
| Owner Occupied HU | 2,486 (42.9%) |
| Renter Occupied HU | 2,907 (50.2%) |
| Vacant Housing Units | 398 ( 6.9%) |
| Median Home Value | $285,185 |
| Average Home Value | $336,157 |
Housing Distribution
Address Breakdown
Residential
5,284
Single Family
4,530
Multi-Family
754
Businesses
381
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Listed by: Maria Castillo • REDFIN CORPORATION
Mls Name: BeachesMLS
Mls ID: #RX-11157782