6014 Seagrape DrFort PierceFL34982
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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 6014 Seagrape Dr, Fort Pierce, FL, 34982 offers $3,204/mo rent that, after a $1,835/mo payment, leaves $716/mo cash flow. Total monthly income is $3,204/mo, and annual cash flow is $8,593/yr on $124,279 cash. Return on cash invested measures 26.82% in year one, and rental yield stands at 10.26% at a $374,900 entry. Equity gained on principal adds $2,419/yr while 5% annual appreciation compounds into $103,578 by year five. Five-year ROI records 140.53% and total cumulative return in cash reaches $174,655. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,204/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
10,000 sqft 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
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Nearby investment properties with comparable prices
Listed by: Courtney Merricks • Charles Rutenberg Realty FTL
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10474946
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 2024 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.