1020 White Tail Avenue SWVero BeachFL32968
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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 Vero Beach at 1020 White Tail Avenue SW, Vero Beach, FL, 32968 priced at $615,000 converts $4,570/mo rent into $360/mo cash flow after a $3,010/mo obligation. Total monthly income equals $4,570/mo, and annual cash flow totals $4,318/yr on $202,335 invested. Return on cash invested prints 22.19% in year one, and rental yield reads 8.92% against a $615,000 entry. Equity gained on principal adds $3,969/yr, while 5% annual appreciation compiles into $169,913 by year five. Five-year ROI reaches 115.93% and total cumulative return in cash sums $234,557. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,570/mo property income covering a $3,010/mo payment, not borrower’s personal income.
Single Family
Built in 2003
0.31 Acres lot
$N/A/sqft
$129 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32968, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,686 (100%) |
| Owner Occupied HU | 5,590 (83.6%) |
| Renter Occupied HU | 743 (11.1%) |
| Vacant Housing Units | 353 ( 5.3%) |
| Median Home Value | $438,062 |
| Average Home Value | $528,046 |
Housing Distribution
Address Breakdown
Residential
6,770
Single Family
6,734
Multi-Family
36
Businesses
194
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Listed by: Melissa Baio • Coldwell Banker Paradise
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11087260
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.