6006 Indrio Rd #B4Fort 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 6006 Indrio Rd #B4, Fort Pierce, FL, 34950 generates $1,200/mo in rent and, after a $732/mo payment, leaves $208/mo in cash flow. Total monthly income is $1,200/mo, and annual cash flow is $2,491/yr on $49,559 invested. Return on cash invested sits at 24.94% in year one, and rental yield is 9.63% on a $149,500 entry. Equity gained on principal adds $965/yr, while 5% annual appreciation builds toward $41,304 over five years. Five-year ROI reaches 130.4% and total cumulative return in cash sums $64,625. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,200/mo property income rather than buyer’s personal income.
Condo
Built in 1981
N/A 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: Christina H Ripple • Billero & Billero Properties
Mls Name: Realtor Association of Indian River County
Mls ID: #294174