5613 Lugo 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
Rental property for sale in Fort Pierce at 5613 Lugo Street, Fort Pierce, FL, 34951 generates $3,139/mo in rent and, after a $1,835/mo payment, leaves $651/mo in cash flow. Total monthly income is $3,139/mo, and annual cash flow is $7,810/yr on $124,313 invested. Return on cash invested sits at 26.19% in year one, and rental yield is 10.04% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 137.11% and total cumulative return in cash sums $170,451. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,139/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
7,405 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: Jacqueline Michelle Cohen • LoKation
Mls Name: BeachesMLS
Mls ID: #RX-11157821