1808 N 50th StreetFort 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 1808 N 50th Street, Fort Pierce, FL, 34947 uses $74,588 cash to close to unlock $8,533/yr annual cash flow and $711/mo monthly cash flow. Total monthly income runs $2,204/mo, and a $1,101/mo payment keeps the spread at $711/mo. Purchase price stands at $225,000, and rental yield measures 11.75% with $2,204/mo rent. Return on cash invested shows 31.35% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 164.84% and total cumulative return in cash records $122,949. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,204/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1954
0.39 Acres 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: Barbara G Moore • Avalar Realty Group Inc.
Mls Name: BeachesMLS
Mls ID: #RX-11100017