609 S 15th StFort 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
Investment property for sale in Fort Pierce at 609 S 15th St, Fort Pierce, FL, 34950 earns $603/mo cash flow from $2,394/mo rent with a $1,321/mo payment. Total monthly income totals $2,394/mo, and annual cash flow totals $7,233/yr on $89,502 capital. ROI tracks 27.99% on current figures, and rental yield reads 10.64% at a $269,990 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,593 over five years. Five-year ROI reaches 146.77% and total cumulative return in cash sums $131,362. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,394/mo property income instead of your personal income.
Single Family
Built in 1957
8,712 sqft 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: Lourdes Martinez Lopez • HomeSmart Coastal Realty
Mls Name: Space Coast AOR
Mls ID: #1041386
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.