1035 Camelot WayVero 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
Rental property for sale in Vero Beach at 1035 Camelot Way, Vero Beach, FL, 32966 generates $3,000/mo in rent, after a $3,255/mo payment. Total monthly income is $3,000/mo. Return on cash invested sits at 11.49% in year one, and rental yield is 5.41% on a $665,000 entry. Equity gained on principal adds $4,291/yr, while 5% annual appreciation builds toward $183,727 over five years. Five-year ROI reaches 58.53% and total cumulative return in cash sums $128,059. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,000/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
0.28 Acres lot
$N/A/sqft
$150 monthly HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-03-19 | Sold | $665,000 |
| 2025-02-21 | Contingent | $679,000 |
| 2025-02-10 | Price change | $679,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-14 | $5197.99 | 2.53% | $400,376 | 3.00% |
| 2022-05-14 | $5069.64 | 7.35% | $388,715 | 9.98% |
| 2021-05-14 | $4722.67 | 465.57% | $353,444 | 539.72% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2020
- Architectural Style: One Story
- Building Area: N/A
- Living Area: 2,181 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Tile
- Interior Features: High Ceilings, Kitchen Island, Pantry, Walk-In Closet(s)
- Exterior Features: Patio
- Parking Features: Garage
Location
- City: Vero Beach
- State: FL
- Subdivision: Venezia Estates
- Lot Size: 0.28 Acres
- Lot Features: < 1/4 Acre
- View: Pool
HOA & Fees
- HOA Fee: $150 monthly
- Association Fee: $150 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: Other
Utilities
- Utilities: N/A
- Sewer: County Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: RJ Rennick • Rennick Real Estate Island Ofc
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #284186
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.