1090 31st AvenueVero BeachFL32960
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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 1090 31st Avenue, Vero Beach, FL, 32960 offers a 6.03% rental yield on a $597,000 purchase with $3,000/mo rent. 18% in year one. Equity gained on principal adds $3,852/yr while 5% annual appreciation supports $164,940 over five years. Portfolio math shows five-year ROI at 72.72% and total cumulative return in cash at $142,830. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $2,922/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
0.50 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 32960, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,782 (100%) |
| Owner Occupied HU | 5,726 (48.6%) |
| Renter Occupied HU | 4,540 (38.5%) |
| Vacant Housing Units | 1,516 (12.9%) |
| Median Home Value | $326,618 |
| Average Home Value | $410,822 |
Housing Distribution
Address Breakdown
Residential
10,621
Single Family
8,919
Multi-Family
1,702
Businesses
1,871
Price History
Date | Event | Price |
|---|---|---|
| 2024-02-08 | Listing removed | N/A |
| 2023-10-09 | Listed for sale | $620,000 |
| 2023-10-08 | Listing removed | N/A |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-01 | $2575.94 | 0.40% | $217,026 | 3.00% |
| 2022-04-01 | $2565.74 | 0.56% | $210,705 | 3.00% |
| 2021-04-01 | $2551.37 | 0.56% | $204,568 | 1.40% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1983
- Architectural Style: N/A
- Building Area: 2,191
- Living Area: 2,191 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Central, Electric
- Cooling: Central Air, Electric
- Flooring: Tile, Vinyl
- Interior Features: Ctdrl/Vault Ceilings, Roman Tub
- Exterior Features: N/A
- Parking Features: 2+ Spaces, Driveway, Garage - Attached
Location
- City: Vero Beach
- State: FL
- Subdivision: Country Walk Sub
- Lot Size: 0.50 Acres
- Lot Features: 1/2 to < 1 Acre
- View: Pool
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Electricity Connected
- Sewer: Septic Tank
- Water Source: Public
- Road Surface Type: Paved
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Erica Ogilvie • RE/MAX Crown Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11076834
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.