5051 N Highway A1a APT 12-1Hutchinson IslandFL34949
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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 Hutchinson Island at 5051 N Highway A1a APT 12-1, Hutchinson Island, FL, 34949 earns from $3,646/mo rent with a $2,814/mo payment. Total monthly income totals $3,646/mo. ROI tracks 18.99% on current figures, and rental yield reads 7.61% at a $575,000 purchase. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 over five years. Five-year ROI reaches 98.45% and total cumulative return in cash sums $186,251. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,646/mo property income instead of your personal income.
Condo
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34949, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,193 (100%) |
| Owner Occupied HU | 3,681 (51.2%) |
| Renter Occupied HU | 829 (11.5%) |
| Vacant Housing Units | 2,683 (37.3%) |
| Median Home Value | $511,069 |
| Average Home Value | $543,473 |
Housing Distribution
Address Breakdown
Residential
6,777
Single Family
2,843
Multi-Family
3,934
Businesses
96
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Listed by: Rita A Curry • Dale Sorensen Real Estate Inc.
Mls Name: Realtor Association of Indian River County
Mls ID: #294425