2701 NW Essex Drive NWFort PierceFL34946
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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 2701 NW Essex Drive NW, Fort Pierce, FL, 34946 listed at $270,000 pairs $2,648/mo rent with a $1,322/mo payment to leave $856/mo cash flow. Total monthly income runs $2,648/mo, and annual cash flow reaches $10,269/yr on $89,505 cash to close. Return on cash invested measures 31.38% in year one, and rental yield registers 11.77% at a $270,000 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,596 by year five. Five-year ROI tracks 164.98% and total cumulative return in cash totals $147,661. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,648/mo property income relative to a $1,322/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
9,975 sqft 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
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Listed by: Barbara G Moore • Avalar Realty Group Inc.
Mls Name: BeachesMLS
Mls ID: #RX-11123853