3205 Tennessee AveFort PierceFL34947
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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 3205 Tennessee Ave, Fort Pierce, FL, 34947 with 5% annual appreciation on a $335,000 basis while $2,502/mo rent supports operations. Total monthly income totals $2,502/mo and a $1,640/mo payment preserves $122/mo for cash returns. Annual cash flow comes to $1,470/yr on $111,053 deployed, and return on cash invested reaches 21.23% in year one. Equity gained on principal adds $2,162/yr, and five-year appreciation sums $92,554 alongside rental yield of 8.96%. Five-year ROI measures 111.16% and total cumulative return in cash totals $123,440.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,502/mo property income versus a $1,640/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
10,454 sqft 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
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Listed by: Katherine Diaz Fernandez • Real Estate Empire Group, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11697125
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.