304 N 28th StreetFort PierceFL34947
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 304 N 28th Street, Fort Pierce, FL, 34947 earns $359/mo cash flow from $1,918/mo rent with a $1,150/mo payment. Total monthly income totals $1,918/mo, and annual cash flow totals $4,305/yr on $77,899 capital. ROI tracks 25.44% on current figures, and rental yield reads 9.79% at a $234,990 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,923 over five years. Five-year ROI reaches 133.08% and total cumulative return in cash sums $103,669. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,918/mo property income instead of your personal income.
Single Family
Built in 1955
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rashanda Knights • Triple 8 Real Estate Inc
Mls Name: BeachesMLS
Mls ID: #RX-11134901