6112 Spring Lake TerFort 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
Investment property for sale in Fort Pierce at 6112 Spring Lake Ter, Fort Pierce, FL, 34951 earns $604/mo cash flow from $2,714/mo rent with a $1,556/mo payment. Total monthly income totals $2,714/mo, and annual cash flow totals $7,250/yr on $105,417 capital. ROI tracks 26.79% on current figures, and rental yield reads 10.24% at a $318,000 purchase. Equity gained on principal adds $2,052/yr, and 5% annual appreciation supports $87,858 over five years. Five-year ROI reaches 140.33% and total cumulative return in cash sums $147,935. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,714/mo property income instead of your personal income.
Single Family
Built in 2005
6,098 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: Walter Munoz • G & E Realty Group, Inc
Mls Name: BeachesMLS
Mls ID: #F10525861