2050 Oleander Boulevard 10 106 #5-202-203Fort PierceFL34950
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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 2050 Oleander Boulevard 10 106 #5-202-203, Fort Pierce, FL, 34950 generates $4,800/mo in rent and, after a $2,888/mo payment, leaves $884/mo in cash flow. Total monthly income is $4,800/mo, and annual cash flow is $10,613/yr on $194,110 invested. Return on cash invested sits at 25.53% in year one, and rental yield is 9.76% on a $590,000 entry. Equity gained on principal adds $3,807/yr, while 5% annual appreciation builds toward $163,006 over five years. Five-year ROI reaches 133.54% and total cumulative return in cash sums $259,216. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,800/mo property income rather than buyer’s personal income.
Multi Family
Built in 1976
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: Rosana Penzo Pacini • LA ROSA RTY WINTER GARDEN LLC
Mls Name: Stellar MLS
Mls ID: #O6376704