110 Prestwick CircleVero BeachFL32967
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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 110 Prestwick Circle, Vero Beach, FL, 32967 priced at $547,000 converts $3,078/mo rent into after a $2,677/mo obligation. Total monthly income equals $3,078/mo. Return on cash invested prints 16.38% in year one, and rental yield reads 6.75% against a $547,000 entry. Equity gained on principal adds $3,530/yr, while 5% annual appreciation compiles into $151,126 by year five. Five-year ROI reaches 84.5% and total cumulative return in cash sums $152,068. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,078/mo property income covering a $2,677/mo payment, not borrower’s personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32967, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,975 (100%) |
| Owner Occupied HU | 9,875 (70.7%) |
| Renter Occupied HU | 2,571 (18.4%) |
| Vacant Housing Units | 1,529 (10.9%) |
| Median Home Value | $436,604 |
| Average Home Value | $497,904 |
Housing Distribution
Address Breakdown
Residential
12,707
Single Family
11,130
Multi-Family
1,577
Businesses
362
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Listed by: Eugene L Billero • Billero & Billero Properties
Mls Name: BeachesMLS
Mls ID: #RX-11129507