2050 Oleander Boulevard #1303Fort 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
Investment property for sale in Fort Pierce at 2050 Oleander Boulevard #1303, Fort Pierce, FL, 34950 listed at $120,000 pairs $919/mo rent with a $587/mo payment to leave $123/mo cash flow. Total monthly income runs $919/mo, and annual cash flow reaches $1,476/yr on $39,780 cash to close. Return on cash invested measures 23.62% in year one, and rental yield registers 9.19% at a $120,000 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 123.31% and total cumulative return in cash totals $49,051. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $919/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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: William Isaac Merchant • RE/MAX Gold
Mls Name: BeachesMLS
Mls ID: #RX-11121706