3404 Avenue OFort 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
Rental property for sale in Fort Pierce at 3404 Avenue O, Fort Pierce, FL, 34947 generates $1,503/mo in rent and, after a $1,101/mo payment, leaves $10/mo in cash flow. Total monthly income is $1,503/mo, and annual cash flow is $124/yr on $74,554 invested. Return on cash invested sits at 20.07% in year one, and rental yield is 8.02% on a $224,900 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 104.37% and total cumulative return in cash sums $77,809. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,503/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
0.36 Acres 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: Yanouche Clairvoyant • CENTURY 21 Tenace Realty
Mls Name: BeachesMLS
Mls ID: #RX-11155665