7009 S Indian River 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
Investment property for sale in Fort Pierce at 7009 S Indian River Dr, Fort Pierce, FL, 34982 earns from $3,646/mo rent with a $5,384/mo payment. Total monthly income totals $3,646/mo. ROI tracks 8.07% on current figures, and rental yield reads 3.98% at a $1,099,999 purchase. Equity gained on principal adds $7,098/yr, and 5% annual appreciation supports $303,909 over five years. Five-year ROI reaches 39.85% and total cumulative return in cash sums $142,039. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,646/mo property income instead of your personal income.
Single Family
Built in 1955
2.01 Acres 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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Listed by: Richard Feldman • MIAMI WATERFRONT REALTY LLC
Mls Name: My State MLS
Mls ID: #11274105