902 Shorewinds Drive #BFort PierceFL34949
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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 902 Shorewinds Drive #B, Fort Pierce, FL, 34949 offers $2,363/mo rent that, after a $1,468/mo payment, leaves $373/mo cash flow. Total monthly income is $2,363/mo, and annual cash flow is $4,470/yr on $99,450 cash. Return on cash invested measures 24.4% in year one, and rental yield stands at 9.45% at a $300,000 entry. Equity gained on principal adds $1,936/yr while 5% annual appreciation compounds into $82,884 by year five. Five-year ROI records 127.55% and total cumulative return in cash reaches $126,852. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,363/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1974
3,052 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34949, Fort Pierce, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,193 (100%) |
| Owner Occupied HU | 3,681 (51.2%) |
| Renter Occupied HU | 829 (11.5%) |
| Vacant Housing Units | 2,683 (37.3%) |
| Median Home Value | $511,069 |
| Average Home Value | $543,473 |
Housing Distribution
Address Breakdown
Residential
6,777
Single Family
2,843
Multi-Family
3,934
Businesses
96
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Listed by: Jill D Slowik • Redfin Corporation
Mls Name: BeachesMLS
Mls ID: #RX-11147183