6668 Spanish Cedar LnFort PierceFL34946
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Nearby investment properties with comparable prices
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 6668 Spanish Cedar Ln, Fort Pierce, FL, 34946 generates $2,874/mo in rent and, after a $1,996/mo payment, leaves $168/mo in cash flow. Total monthly income is $2,874/mo, and annual cash flow is $2,011/yr on $135,219 invested. Return on cash invested sits at 21.4% in year one, and rental yield is 8.46% on a $407,900 entry. Equity gained on principal adds $2,632/yr, while 5% annual appreciation builds toward $112,695 over five years. Five-year ROI reaches 111.41% and total cumulative return in cash sums $150,648. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,874/mo property income rather than buyer’s personal income.
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 • N/A
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A