3237 Spanish Cedar PlaceFort 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 3237 Spanish Cedar Place, Fort Pierce, FL, 34946 generates $2,711/mo in rent and, after a $1,804/mo payment, leaves $124/mo in cash flow. Total monthly income is $2,711/mo, and annual cash flow is $1,488/yr on $122,189 invested. Return on cash invested sits at 21.13% in year one, and rental yield is 8.83% on a $368,595 entry. Equity gained on principal adds $2,378/yr, while 5% annual appreciation builds toward $101,836 over five years. Five-year ROI reaches 110.5% and total cumulative return in cash sums $135,020. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,711/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
6,250 sqft lot
$N/A/sqft
$141 monthly 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: J. Richelle R Smart • Lennar Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11131933
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.