587 Salisbury CirFort PierceFL34982
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
Investment Highlights
Rental property for sale in Fort Pierce at 587 Salisbury Cir, Fort Pierce, FL, 34982 offers $2,987/mo rent that, after a $1,581/mo payment, leaves $844/mo cash flow. Total monthly income is $2,987/mo, and annual cash flow is $10,123/yr on $107,051 cash. Return on cash invested measures 29.36% in year one, and rental yield stands at 11.1% at a $322,930 entry. Equity gained on principal adds $2,084/yr while 5% annual appreciation compounds into $89,220 by year five. Five-year ROI records 154.16% and total cumulative return in cash reaches $165,035. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,987/mo property income versus a $1,581/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34982, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,995 (100%) |
| Owner Occupied HU | 7,791 (65.0%) |
| Renter Occupied HU | 3,315 (27.6%) |
| Vacant Housing Units | 889 ( 7.4%) |
| Median Home Value | $348,376 |
| Average Home Value | $373,631 |
Housing Distribution
Address Breakdown
Residential
11,555
Single Family
10,815
Multi-Family
740
Businesses
739
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Meritage Homes
Mls Name: Meritage Homes
Mls Provider:
Mls ID: #N/A