6499 Spanish Cedar PlFort PierceFL34946
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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 6499 Spanish Cedar Pl, Fort Pierce, FL, 34946 priced at $391,200 pairs $1,680/mo rent with after a $1,915/mo payment. Total monthly income equals $1,680/mo. Return on cash invested is 11.43% in year one, and rental yield stands at 5.15% on a $391,200 basis. Equity gained on principal adds $2,524/yr, and 5% annual appreciation accumulates to $108,081 by year five. Five-year ROI measures 57.97% and total cumulative return in cash reaches $75,181. For financing, Ziffy Mortgage’s DSCR program evaluates $1,680/mo property income against a $1,915/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34946, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,223 (100%) |
| Owner Occupied HU | 1,611 (50.0%) |
| Renter Occupied HU | 975 (30.3%) |
| Vacant Housing Units | 637 (19.8%) |
| Median Home Value | $110,929 |
| Average Home Value | $217,946 |
Housing Distribution
Address Breakdown
Residential
2,815
Single Family
2,815
Multi-Family
0
Businesses
279
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Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A