498 Sea Spray DriveFort PierceFL34945
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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 498 Sea Spray Drive, Fort Pierce, FL, 34945 listed at $343,430 pairs $2,364/mo rent with a $1,681/mo payment to leave $85/mo cash flow. Total monthly income runs $2,364/mo, and annual cash flow reaches $1,018/yr on $113,847 cash to close. Return on cash invested measures 20.8% in year one, and rental yield registers 8.26% at a $343,430 basis. Equity gained on principal adds $2,216/yr, and annual property appreciation at 5% supports $94,883 by year five. Five-year ROI tracks 108.22% and total cumulative return in cash totals $123,207. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,364/mo property income relative to a $1,681/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
5,185 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34945, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,375 (100%) |
| Owner Occupied HU | 1,876 (79.0%) |
| Renter Occupied HU | 196 ( 8.3%) |
| Vacant Housing Units | 303 (12.8%) |
| Median Home Value | $435,497 |
| Average Home Value | $503,292 |
Housing Distribution
Address Breakdown
Residential
2,324
Single Family
2,269
Multi-Family
55
Businesses
265
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Listed by: Howard J. Darvin • D.R.Horton Realty of Melbourne
Mls Name: BeachesMLS
Mls ID: #RX-11116635