2008 N 51st CtFort 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 2008 N 51st Ct, Fort Pierce, FL, 34947 uses $66,300 cash to close to unlock $882/yr annual cash flow and $74/mo monthly cash flow. Total monthly income runs $1,430/mo, and a $979/mo payment keeps the spread at $74/mo. Purchase price stands at $200,000, and rental yield measures 8.58% with $1,430/mo rent. Return on cash invested shows 21.24% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 110.78% and total cumulative return in cash records $73,448. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,430/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1953
5,663 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: Anibal Silveira-Recoba • Azure Seas Realty LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11641276
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.