721 Worlington LaneFort PierceFL34947
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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 721 Worlington Lane, Fort Pierce, FL, 34947 generates $3,616/mo in rent and, after a $1,958/mo payment, leaves $961/mo in cash flow. Total monthly income is $3,616/mo, and annual cash flow is $11,536/yr on $132,600 invested. Return on cash invested sits at 28.61% in year one, and rental yield is 10.85% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 150.1% and total cumulative return in cash sums $199,036. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,616/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
6,490 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34947, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,791 (100%) |
| Owner Occupied HU | 2,486 (42.9%) |
| Renter Occupied HU | 2,907 (50.2%) |
| Vacant Housing Units | 398 ( 6.9%) |
| Median Home Value | $285,185 |
| Average Home Value | $336,157 |
Housing Distribution
Address Breakdown
Residential
5,284
Single Family
4,530
Multi-Family
754
Businesses
381
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Listed by: Mindy Hackett • Berkshire Hathaway Florida Realty
Mls Name: BeachesMLS
Mls ID: #RX-11134188