2818 Stoneway Lane Apt AFort PierceFL34982
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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 2818 Stoneway Lane Apt A, Fort Pierce, FL, 34982 earns $201/mo cash flow from $1,358/mo rent with a $853/mo payment. Total monthly income totals $1,358/mo, and annual cash flow totals $2,417/yr on $57,788 capital. ROI tracks 24.09% on current figures, and rental yield reads 9.35% at a $174,323 purchase. Equity gained on principal adds $1,125/yr, and 5% annual appreciation supports $48,162 over five years. Five-year ROI reaches 125.92% and total cumulative return in cash sums $72,766. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,358/mo property income instead of your personal income.
Townhouse
Built in 1991
1,208 sqft 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
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Listed by: James G Vulpetti • Nugget Realty
Mls Name: BeachesMLS
Mls ID: #RX-11132534