5181 Modeno StreetFort 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 5181 Modeno Street, Fort Pierce, FL, 34951 uses $114,135 cash to close to unlock $7,708/yr annual cash flow and $642/mo monthly cash flow. Total monthly income runs $3,000/mo, and a $1,685/mo payment keeps the spread at $642/mo. Purchase price stands at $344,300, and rental yield measures 10.46% with $3,000/mo rent. Return on cash invested shows 26.66% in year one, and 5% annual appreciation builds toward $95,124 over five years. Five-year ROI reaches 139.95% and total cumulative return in cash records $159,732. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,000/mo property income covering a $1,685/mo payment rather than investor’s personal income.
Single Family
Built in 2024
3,659 sqft lot
$N/A/sqft
$73 monthly HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-16 | Listed for sale | $344,300 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2024
- Architectural Style: Ranch,Villa
- Building Area: 2,113
- Living Area: 1,658 sqft
- Property Condition: Under Construction
Features & Amenities
- Heating: Central, Electric
- Cooling: Ceiling Fan(s), Central Air, Electric
- Flooring: Carpet, Tile
- Interior Features: Ctdrl/Vault Ceilings, Entrance Foyer, Kitchen Island, Pantry, Split Bedroom, Walk-In Closet(s)
- Exterior Features: Auto Sprinkler, Zoned Sprinkler
- Parking Features: 2+ Spaces, Driveway, Garage - Attached, Commercial Vehicles Prohibited
Location
- City: Fort Pierce
- State: FL
- Subdivision: Waterstone Phase Four
- Lot Size: 3,659 sqft
- Lot Features: < 1/4 Acre, Sidewalks
- View: Garden
HOA & Fees
- HOA Fee: $73 monthly
- Association Fee: $73 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: Maintenance Grounds, Management Fees, Manager, Recrtnal Facility
Utilities
- Utilities: Cable Connected, Electricity Connected, Underground Utilities
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: Paved
School Information
- Elementary School: Lakewood Park Elementary School
- Middle School: Oslo Middle School
- High School: Fort Pierce Westwood Academy
What's Special
Pull Down Stairs
Listed by: Kaitlyn Willis • Adams Homes Realty Inc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11029059
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.