202 Laidback WayFort PierceFL34945
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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
Rental property for sale in Fort Pierce at 202 Laidback Way, Fort Pierce, FL, 34945 offers $1,981/mo rent that, after a $1,395/mo payment, leaves $90/mo cash flow. Total monthly income is $1,981/mo, and annual cash flow is $1,075/yr on $94,478 cash. Return on cash invested measures 21.05% in year one, and rental yield stands at 8.34% at a $285,000 entry. Equity gained on principal adds $1,839/yr while 5% annual appreciation compounds into $78,740 by year five. Five-year ROI records 109.53% and total cumulative return in cash reaches $103,482. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,981/mo property income versus a $1,395/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
0.69 Acres 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
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Listed by: Matt Harrington • H & W Real Estate
Mls Name: Realtor Association of Indian River County
Mls ID: #294472