2402 N 49th StreetFort PierceFL34946
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Fort Pierce rentals match the income profile of 2402 N 49th Street, Fort Pierce, FL, 34946. Listed at $189,999, gross rent is $1,824/mo and net cash flow is $563/mo, a 11.52% yield well above national averages. DSCR 2.14 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $52,493 by year five with $1,750/yr in annual principal reduction, projecting $108,723 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 7.5% |
| Monthly Cash Flow | $563 | $250 |
City averages based on Fort Pierce market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,824 |
| Total Monthly Debt Service | $1,185 |
| DSCR Ratio | 1.54x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1953
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34946, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,223 (100%) |
| Owner Occupied HU | 1,611 (50.0%) |
| Renter Occupied HU | 975 (30.3%) |
| Vacant Housing Units | 637 (19.8%) |
| Median Home Value | $110,929 |
| Average Home Value | $217,946 |
Housing Distribution
Address Breakdown
Residential
2,815
Single Family
2,815
Multi-Family
0
Businesses
279
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
Single Family
Built in 1953
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34946, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,223 (100%) |
| Owner Occupied HU | 1,611 (50.0%) |
| Renter Occupied HU | 975 (30.3%) |
| Vacant Housing Units | 637 (19.8%) |
| Median Home Value | $110,929 |
| Average Home Value | $217,946 |
Housing Distribution
Address Breakdown
Residential
2,815
Single Family
2,815
Multi-Family
0
Businesses
279
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jaime Aguilar • Keller Williams Realty of PSL
Mls Name: BeachesMLS
Mls ID: #RX-11107574