2050 Oleander Boulevard #1-105Fort PierceFL34950
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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
Investment Highlights
Investment property for sale in Fort Pierce at 2050 Oleander Boulevard #1-105, Fort Pierce, FL, 34950 offers a 9.16% rental yield on a $109,000 purchase with $832/mo rent. Total monthly income registers $832/mo, and a $534/mo payment leaves $108/mo available for distribution. Annual cash flow reaches $1,298/yr on $36,134 to close, and return on cash invested stands at 23.5% in year one. Equity gained on principal adds $703/yr while 5% annual appreciation supports $30,115 over five years. Portfolio math shows five-year ROI at 122.8% and total cumulative return in cash at $44,374. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $832/mo property income against a $534/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
N/A 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: Liat Machluf • United Realty Group, Inc
Mls Name: BeachesMLS
Mls ID: #RX-11137202