738 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
Investment property for sale in Fort Pierce at 738 Worlington Lane, Fort Pierce, FL, 34947 offers a 10.61% rental yield on a $379,500 purchase with $3,355/mo rent. Total monthly income registers $3,355/mo, and a $1,857/mo payment leaves $837/mo available for distribution. Annual cash flow reaches $10,044/yr on $125,804 to close, and return on cash invested stands at 27.89% in year one. Equity gained on principal adds $2,449/yr while 5% annual appreciation supports $104,849 over five years. Portfolio math shows five-year ROI at 146.27% and total cumulative return in cash at $184,020. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,355/mo property income against a $1,857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
5,793 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: Daniel Castaneda • American Realty of PSL LLC
Mls Name: BeachesMLS
Mls ID: #RX-11131552