110 6th Court SWVero BeachFL32962
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 110 6th Court SW, Vero Beach, FL, 32962 listed at $245,000 pairs $2,128/mo rent with a $1,199/mo payment to leave $502/mo cash flow. Total monthly income runs $2,128/mo, and annual cash flow reaches $6,027/yr on $81,218 cash to close. Return on cash invested measures 27.33% in year one, and rental yield registers 10.42% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 143.26% and total cumulative return in cash totals $116,352. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,128/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32962, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,465 (100%) |
| Owner Occupied HU | 9,263 (68.8%) |
| Renter Occupied HU | 2,518 (18.7%) |
| Vacant Housing Units | 1,684 (12.5%) |
| Median Home Value | $325,838 |
| Average Home Value | $442,386 |
Housing Distribution
Address Breakdown
Residential
12,787
Single Family
10,412
Multi-Family
2,375
Businesses
475
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paul L Hutton • Watson Realty Corporation
Mls Name: BeachesMLS
Mls ID: #RX-11147319