2023 Jacaranda DriveFort PierceFL34949
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 2023 Jacaranda Drive, Fort Pierce, FL, 34949 in Fort Pierce: $5,123/mo in rent, $312/mo in net income, 8.48% gross yield, 1.57 DSCR, all at $725,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $200,304 in appreciation and $6,677/yr in principal paydown projects total cumulative return of $296,415.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 7.5% |
| Monthly Cash Flow | $312 | $250 |
City averages based on Fort Pierce market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,123 |
| Total Monthly Debt Service | $4,523 |
| DSCR Ratio | 1.13x |
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 1972
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34949, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,193 (100%) |
| Owner Occupied HU | 3,681 (51.2%) |
| Renter Occupied HU | 829 (11.5%) |
| Vacant Housing Units | 2,683 (37.3%) |
| Median Home Value | $511,069 |
| Average Home Value | $543,473 |
Housing Distribution
Address Breakdown
Residential
6,777
Single Family
2,843
Multi-Family
3,934
Businesses
96
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 1972
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34949, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,193 (100%) |
| Owner Occupied HU | 3,681 (51.2%) |
| Renter Occupied HU | 829 (11.5%) |
| Vacant Housing Units | 2,683 (37.3%) |
| Median Home Value | $511,069 |
| Average Home Value | $543,473 |
Housing Distribution
Address Breakdown
Residential
6,777
Single Family
2,843
Multi-Family
3,934
Businesses
96
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Beale • Hutchinson Island Real Estate
Mls Name: BeachesMLS
Mls ID: #RX-11122381