1732 W Sanderling Lane #1Fort PierceFL34982
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
Investment property for sale in Fort Pierce at 1732 W Sanderling Lane #1, Fort Pierce, FL, 34982 earns $209/mo cash flow from $1,304/mo rent with a $808/mo payment. Total monthly income totals $1,304/mo, and annual cash flow totals $2,503/yr on $54,698 capital. ROI tracks 24.49% on current figures, and rental yield reads 9.48% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 128.01% and total cumulative return in cash sums $70,019. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,304/mo property income instead of your personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34982, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,995 (100%) |
| Owner Occupied HU | 7,791 (65.0%) |
| Renter Occupied HU | 3,315 (27.6%) |
| Vacant Housing Units | 889 ( 7.4%) |
| Median Home Value | $348,376 |
| Average Home Value | $373,631 |
Housing Distribution
Address Breakdown
Residential
11,555
Single Family
10,815
Multi-Family
740
Businesses
739
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Molly Peters • RE/MAX Gold
Mls Name: BeachesMLS
Mls ID: #RX-11155422