102 Congress St #133Vero BeachFL32966
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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 Vero Beach at 102 Congress St #133, Vero Beach, FL, 32966 listed at $169,900 pairs $3,847/mo rent with a $832/mo payment to leave $2,719/mo cash flow. Total monthly income runs $3,847/mo, and annual cash flow reaches $32,629/yr on $56,322 cash to close. Return on cash invested measures 77.84% in year one, and rental yield registers 27.17% at a $169,900 basis. Equity gained on principal adds $1,096/yr, and annual property appreciation at 5% supports $46,940 by year five. Five-year ROI tracks 414.19% and total cumulative return in cash totals $233,282. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,847/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32966, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,226 (100%) |
| Owner Occupied HU | 8,550 (64.6%) |
| Renter Occupied HU | 2,846 (21.5%) |
| Vacant Housing Units | 1,830 (13.8%) |
| Median Home Value | $357,762 |
| Average Home Value | $357,344 |
Housing Distribution
Address Breakdown
Residential
12,426
Single Family
8,196
Multi-Family
4,230
Businesses
484
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Listed by: Randi Ledingham • Heritage Plantation
Mls Name: My State MLS
Mls ID: #11255827