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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Vero Beach at 105 47th Ave, Vero Beach, FL, 32968 generates $2,107/mo in rent and, after a $1,224/mo payment, leaves $448/mo in cash flow. Total monthly income is $2,107/mo, and annual cash flow is $5,371/yr on $82,875 invested. Return on cash invested sits at 26.39% in year one, and rental yield is 10.11% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 138.21% and total cumulative return in cash sums $114,538. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,107/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 32968, Vero Beach, FL area.
| 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 |
Residential
6,770
Single Family
6,734
Multi-Family
36
Businesses
194
Date | Event | Price |
|---|---|---|
| 2025-04-08 | Listed for sale | $250,000 |
| 2025-03-30 | Listing removed | $250,000 |
| 2025-02-01 | Listed for sale | $250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-08 | $975.74 | 3.88% | $97,080 | 3.00% |
| 2022-04-08 | $939.32 | 2.64% | $94,252 | 3.00% |
| 2021-04-08 | $915.17 | 1.82% | $91,507 | 1.40% |
Listed by: Robin M Raiff • Douglas Elliman Florida LLC
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #285101
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.
