553 Sea Spray DriveFort PierceFL34945
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 553 Sea Spray Drive, Fort Pierce, FL, 34945 in Fort Pierce fits: $330,990, 4.35% gross yield, and a projected 5% annual appreciation rate adding $91,446 in value within five years. Rental yield 4.35%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.81) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $3,048/yr in principal paydown and $91,446 in appreciation project a total return of $53,656.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.4% | 7.5% |
| Monthly Cash Flow | $(1,136) | $250 |
City averages based on Fort Pierce market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,200 |
| Total Monthly Debt Service | $2,205 |
| DSCR Ratio | 0.54x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
4,879 sqft lot
$N/A/sqft
$140 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
Nearby investment properties with comparable rents
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
Single Family
Built in 2024
4,879 sqft lot
$N/A/sqft
$140 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices