5149 Modeno StreetFort PierceFL34951
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Nearby investment properties with comparable prices
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 5149 Modeno Street, Fort Pierce, FL, 34951 priced at $304,700 converts $3,000/mo rent into $978/mo cash flow after a $1,491/mo obligation. Total monthly income equals $3,000/mo, and annual cash flow totals $11,740/yr on $101,008 invested. Return on cash invested prints 31.53% in year one, and rental yield reads 11.81% against a $304,700 entry. Equity gained on principal adds $1,966/yr, while 5% annual appreciation compiles into $84,183 by year five. Five-year ROI reaches 165.79% and total cumulative return in cash sums $167,459. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,000/mo property income covering a $1,491/mo payment, not borrower’s personal income.
Single Family
Built in 2024
3,659 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: John E Godley • Adams Homes Realty Inc
Mls Name: BeachesMLS
Mls ID: #RX-11131717