354 Baysinger AveFort PierceFL34982
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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 354 Baysinger Ave, Fort Pierce, FL, 34982 priced at $650,000 converts $4,320/mo rent into $7/mo cash flow after a $3,181/mo obligation. Total monthly income equals $4,320/mo, and annual cash flow totals $83/yr on $213,850 invested. Return on cash invested prints 20.1% in year one, and rental yield reads 7.98% against a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,583 by year five. Five-year ROI reaches 104.41% and total cumulative return in cash sums $223,286. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,320/mo property income covering a $3,181/mo payment, not borrower’s personal income.
Single Family
Built in 1990
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34982, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,995 (100%) |
| Owner Occupied HU | 7,791 (65.0%) |
| Renter Occupied HU | 3,315 (27.6%) |
| Vacant Housing Units | 889 ( 7.4%) |
| Median Home Value | $348,376 |
| Average Home Value | $373,631 |
Housing Distribution
Address Breakdown
Residential
11,555
Single Family
10,815
Multi-Family
740
Businesses
739
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Listed by: Jacques Chester • Coldwell Banker Realty
Mls Name: BeachesMLS
Mls ID: #F10537984