2304 S 41st StFort PierceFL34981
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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 2304 S 41st St, Fort Pierce, FL, 34981 generates $1,972/mo in rent and, after a $1,150/mo payment, leaves $413/mo in cash flow. Total monthly income is $1,972/mo, and annual cash flow is $4,953/yr on $77,903 invested. Return on cash invested sits at 26.27% in year one, and rental yield is 10.07% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 137.52% and total cumulative return in cash sums $107,128. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,972/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34981, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,731 (100%) |
| Owner Occupied HU | 1,460 (53.5%) |
| Renter Occupied HU | 754 (27.6%) |
| Vacant Housing Units | 517 (18.9%) |
| Median Home Value | $443,385 |
| Average Home Value | $446,584 |
Housing Distribution
Address Breakdown
Residential
2,312
Single Family
2,244
Multi-Family
68
Businesses
177
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Listed by: Amber Ferguson • Treasure Coast Realty Group
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10452728
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.