2997 Conifer DrFort PierceFL34951
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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 2997 Conifer Dr, Fort Pierce, FL, 34951 offers a 7.67% rental yield on a $745,000 purchase with $4,762/mo rent. 17% in year one. Equity gained on principal adds $4,807/yr while 5% annual appreciation supports $205,830 over five years. Portfolio math shows five-year ROI at 99.45% and total cumulative return in cash at $243,764. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,762/mo property income against a $3,646/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34951, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,787 (100%) |
| Owner Occupied HU | 6,650 (75.7%) |
| Renter Occupied HU | 1,126 (12.8%) |
| Vacant Housing Units | 1,011 (11.5%) |
| Median Home Value | $320,045 |
| Average Home Value | $288,155 |
Housing Distribution
Address Breakdown
Residential
8,373
Single Family
8,373
Multi-Family
0
Businesses
168
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Listed by: Jennifer Ann Walker • Coastal Properties Group Inter
Mls Name: BeachesMLS
Mls ID: #F10526468