4993 Armina PlFort 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 4993 Armina Pl, Fort Pierce, FL, 34951 offers a 8.34% rental yield on a $449,865 purchase with $3,127/mo rent. Total monthly income registers $3,127/mo, and a $2,202/mo payment leaves $141/mo available for distribution. Annual cash flow reaches $1,698/yr on $149,130 to close, and return on cash invested stands at 21.05% in year one. Equity gained on principal adds $2,903/yr while 5% annual appreciation supports $124,289 over five years. Portfolio math shows five-year ROI at 109.54% and total cumulative return in cash at $163,355. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,127/mo property income against a $2,202/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,978 sqft lot
$N/A/sqft
No HOA
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
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Listed by: Gretta Akellino • K Hovnanian Florida Realty LLC
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #283951
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.