1912 Avenue PFort 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 1912 Avenue P, Fort Pierce, FL, 34950 uses $49,692 cash to close to unlock $9,659/yr annual cash flow and $805/mo monthly cash flow. Total monthly income runs $1,800/mo, and a $734/mo payment keeps the spread at $805/mo. Purchase price stands at $149,900, and rental yield measures 14.41% with $1,800/mo rent. Return on cash invested shows 39.35% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 207.68% and total cumulative return in cash records $103,199. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1962
7,000 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: Michelle Paez • SILVER DOOR REALTY LLC
Mls Name: Stellar MLS
Mls ID: #TB8415405