2511 Avenue LFort PierceFL34947
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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 2511 Avenue L, Fort Pierce, FL, 34947 listed at $165,000 pairs $1,262/mo rent with a $808/mo payment to leave $167/mo cash flow. Total monthly income runs $1,262/mo, and annual cash flow reaches $1,999/yr on $54,698 cash to close. Return on cash invested measures 23.56% in year one, and rental yield registers 9.18% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 123.05% and total cumulative return in cash totals $67,307. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,262/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
3,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34947, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,791 (100%) |
| Owner Occupied HU | 2,486 (42.9%) |
| Renter Occupied HU | 2,907 (50.2%) |
| Vacant Housing Units | 398 ( 6.9%) |
| Median Home Value | $285,185 |
| Average Home Value | $336,157 |
Housing Distribution
Address Breakdown
Residential
5,284
Single Family
4,530
Multi-Family
754
Businesses
381
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Listed by: Susan A. Maxwell • RE/MAX of Stuart
Mls Name: BeachesMLS
Mls ID: #RX-11126869