2904 Kingsley DriveFort 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
Rental property for sale in Fort Pierce at 2904 Kingsley Drive, Fort Pierce, FL, 34946 generates $1,762/mo in rent and, after a $974/mo payment, leaves $441/mo in cash flow. Total monthly income is $1,762/mo, and annual cash flow is $5,297/yr on $65,969 invested. Return on cash invested sits at 27.94% in year one, and rental yield is 10.63% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 146.53% and total cumulative return in cash sums $96,666. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,762/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
8,625 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: Jacqueline Coleman • Engel & Voelkers Vero Beach
Mls Name: BeachesMLS
Mls ID: #RX-11150664