3833 Lancove WayFort PierceFL34981
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 3833 Lancove Way, Fort Pierce, FL, 34981 in Fort Pierce earns a 9.92% gross yield at $382,000. Rent of $3,157/mo nets $447/mo after the $1,718/mo mortgage. The 1.84 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $105,540 and $3,518/yr in equity accumulation project a total cumulative return of $185,607.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 7.5% |
| Monthly Cash Flow | $447 | $250 |
City averages based on Fort Pierce market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,157 |
| Total Monthly Debt Service | $2,383 |
| DSCR Ratio | 1.32x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2021
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34981, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,731 (100%) |
| Owner Occupied HU | 1,460 (53.5%) |
| Renter Occupied HU | 754 (27.6%) |
| Vacant Housing Units | 517 (18.9%) |
| Median Home Value | $443,385 |
| Average Home Value | $446,584 |
Housing Distribution
Address Breakdown
Residential
2,312
Single Family
2,244
Multi-Family
68
Businesses
177
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
Single Family
Built in 2021
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34981, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,731 (100%) |
| Owner Occupied HU | 1,460 (53.5%) |
| Renter Occupied HU | 754 (27.6%) |
| Vacant Housing Units | 517 (18.9%) |
| Median Home Value | $443,385 |
| Average Home Value | $446,584 |
Housing Distribution
Address Breakdown
Residential
2,312
Single Family
2,244
Multi-Family
68
Businesses
177
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: BeachesMLS
Mls ID: #F10549025