2050 Oleander Boulevard #5-306Fort 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 #5-306, Fort Pierce, FL, 34950 generates $1,000/mo in rent and, after a $636/mo payment, leaves $138/mo in cash flow. Total monthly income is $1,000/mo, and annual cash flow is $1,651/yr on $43,095 invested. Return on cash invested sits at 23.74% in year one, and rental yield is 9.23% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 124.03% and total cumulative return in cash sums $53,451. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,000/mo property income rather than buyer’s personal income.
Condo
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: Helane George Darazi • Atlantic Shores ERA Powered
Mls Name: BeachesMLS
Mls ID: #RX-11145982