202 Laidback WayFort PierceFL34945
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 202 Laidback Way, Fort Pierce, FL, 34945 in Fort Pierce, $285,000, 8.15% gross yield, $45/mo net income. Consider it a market-entry position, the $1,936/mo rent covers the $1,282/mo payment with a margin, and 5%/yr appreciation is projected to add $78,740 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.51) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $111,491.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 7.5% |
| Monthly Cash Flow | $45 | $250 |
City averages based on Fort Pierce market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,936 |
| Total Monthly Debt Service | $1,778 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1984
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34945, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,375 (100%) |
| Owner Occupied HU | 1,876 (79.0%) |
| Renter Occupied HU | 196 ( 8.3%) |
| Vacant Housing Units | 303 (12.8%) |
| Median Home Value | $435,497 |
| Average Home Value | $503,292 |
Housing Distribution
Address Breakdown
Residential
2,324
Single Family
2,269
Multi-Family
55
Businesses
265
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
Single Family
Built in 1984
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34945, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,375 (100%) |
| Owner Occupied HU | 1,876 (79.0%) |
| Renter Occupied HU | 196 ( 8.3%) |
| Vacant Housing Units | 303 (12.8%) |
| Median Home Value | $435,497 |
| Average Home Value | $503,292 |
Housing Distribution
Address Breakdown
Residential
2,324
Single Family
2,269
Multi-Family
55
Businesses
265
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Craig Leonard Wallengren • HW Real Estate Inc
Mls Name: BeachesMLS
Mls ID: #RX-11160985