229 Osceola AveFort PierceFL34982
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
Investment Highlights
Rental property for sale in Fort Pierce at 229 Osceola Ave, Fort Pierce, FL, 34982 priced at $178,900 converts $1,422/mo rent into $234/mo cash flow after a $876/mo obligation. Total monthly income equals $1,422/mo, and annual cash flow totals $2,813/yr on $59,305 invested. Return on cash invested prints 24.65% in year one, and rental yield reads 9.54% against a $178,900 entry. Equity gained on principal adds $1,154/yr, while 5% annual appreciation compiles into $49,427 by year five. Five-year ROI reaches 128.92% and total cumulative return in cash sums $76,459. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,422/mo property income covering a $876/mo payment, not borrower’s personal income.
Single Family
Built in 1954
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34982, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,995 (100%) |
| Owner Occupied HU | 7,791 (65.0%) |
| Renter Occupied HU | 3,315 (27.6%) |
| Vacant Housing Units | 889 ( 7.4%) |
| Median Home Value | $348,376 |
| Average Home Value | $373,631 |
Housing Distribution
Address Breakdown
Residential
11,555
Single Family
10,815
Multi-Family
740
Businesses
739
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: NOT APPLICABLE • N/A
Mls Name: Hubzu
Mls ID: #94317602334AUCN3