518 N 15th StreetFort PierceFL34950
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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 518 N 15th Street, Fort Pierce, FL, 34950 generates $1,413/mo in rent and, after a $734/mo payment, leaves $418/mo in cash flow. Total monthly income is $1,413/mo, and annual cash flow is $5,013/yr on $49,725 invested. Return on cash invested sits at 29.99% in year one, and rental yield is 11.3% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 157.5% and total cumulative return in cash sums $78,318. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,413/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
7,352 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34950, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,045 (100%) |
| Owner Occupied HU | 2,481 (35.2%) |
| Renter Occupied HU | 3,903 (55.4%) |
| Vacant Housing Units | 661 ( 9.4%) |
| Median Home Value | $173,750 |
| Average Home Value | $260,293 |
Housing Distribution
Address Breakdown
Residential
6,131
Single Family
5,905
Multi-Family
226
Businesses
910
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Listed by: Ethan McAuliffe PA • EXP Realty LLC
Mls Name: BeachesMLS
Mls ID: #RX-11142771