4951 Armina Place #104Fort PierceFL34951
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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 4951 Armina Place #104, Fort Pierce, FL, 34951 offers a 10.14% rental yield on a $354,995 purchase with $3,000/mo rent. Total monthly income registers $3,000/mo, and a $1,738/mo payment leaves $633/mo available for distribution. Annual cash flow reaches $7,593/yr on $117,681 to close, and return on cash invested stands at 26.36% in year one. Equity gained on principal adds $2,291/yr while 5% annual appreciation supports $98,079 over five years. Portfolio math shows five-year ROI at 138.08% and total cumulative return in cash at $162,490. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $1,738/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
5,401 sqft lot
$N/A/sqft
$11 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 34951, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,787 (100%) |
| Owner Occupied HU | 6,650 (75.7%) |
| Renter Occupied HU | 1,126 (12.8%) |
| Vacant Housing Units | 1,011 (11.5%) |
| Median Home Value | $320,045 |
| Average Home Value | $288,155 |
Housing Distribution
Address Breakdown
Residential
8,373
Single Family
8,373
Multi-Family
0
Businesses
168
Price History
Date | Event | Price |
|---|---|---|
| 2025-01-28 | Price change | $354,995 |
| 2025-01-20 | Price change | $369,995 |
| 2024-12-22 | Price change | $374,995 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2023
- Architectural Style: Traditional
- Building Area: 5,401
- Living Area: 1,464 sqft
- Property Condition: New Construction
Features & Amenities
- Heating: Central, Electric
- Cooling: Central Air, Electric
- Flooring: Ceramic Tile
- Interior Features: Entry Lvl Lvng Area, Entrance Foyer, Kitchen Island, Pantry, Walk-In Closet(s)
- Exterior Features: N/A
- Parking Features: 2+ Spaces, Driveway, Garage - Attached, Auto Garage Open
Location
- City: Fort Pierce
- State: FL
- Subdivision: Aspire at Waterstone
- Lot Size: 5,401 sqft
- Lot Features: < 1/4 Acre, Sidewalks, West of US-1
- View: Pond
HOA & Fees
- HOA Fee: $11 monthly
- Association Fee: $11 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: Common Areas, Recrtnal Facility
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: Paved
School Information
- Elementary School: N/A
- Middle School: Forest Grove Middle School
- High School: Fort Pierce Westwood Academy
Listed by: Gretta Akellino • K Hovnanian Florida Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11042733
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.