508 Seafoam CircleFort 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
Rental property for sale in Fort Pierce at 508 Seafoam Circle, Fort Pierce, FL, 34945 offers $3,300/mo rent that, after a $2,053/mo payment, leaves $371/mo cash flow. Total monthly income is $3,300/mo, and annual cash flow is $4,458/yr on $139,041 cash. Return on cash invested measures 23.12% in year one, and rental yield stands at 9.44% at a $419,430 entry. Equity gained on principal adds $2,707/yr while 5% annual appreciation compounds into $115,881 by year five. Five-year ROI records 121.08% and total cumulative return in cash reaches $168,356. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,300/mo property income versus a $2,053/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
4,630 sqft lot
$N/A/sqft
$145 monthly 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: Elizabeth Boley • D.R.Horton Realty of Melbourne
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11061197
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.