1105 9th SqVero 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
Rental property for sale in Vero Beach at 1105 9th Sq, Vero Beach, FL, 32960 priced at $300,000 pairs $3,000/mo rent with $1,002/mo cash flow after a $1,468/mo payment. Total monthly income equals $3,000/mo, and annual cash flow comes to $12,024/yr on $99,450 invested. Return on cash invested is 32% in year one, and rental yield stands at 12% on a $300,000 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 168.29% and total cumulative return in cash reaches $167,364. For financing, Ziffy Mortgage’s DSCR program evaluates $3,000/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
7,000 sqft 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 |
|---|---|---|
| 2024-07-12 | Listed for sale | $300,000 |
| 2024-06-24 | Listing removed | N/A |
| 2024-06-18 | Listed for sale | $300,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $2759.16 | 11.16% | $209,642 | 15.80% |
| 2022-08-30 | $2482.17 | 11.78% | $181,031 | 23.87% |
| 2021-08-30 | $2220.52 | 8.08% | $146,143 | 9.63% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1992
- Architectural Style: One Story
- Building Area: N/A
- Living Area: 1,196 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central, Electric
- Cooling: Electric
- Flooring: Tile
- Interior Features: High Ceilings, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
- Exterior Features: Patio
- Parking Features: Garage, Garage Door Opener
Location
- City: Vero Beach
- State: FL
- Subdivision: Colonial Gardens
- Lot Size: 7,000 sqft
- Lot Features: < 1/4 Acre
- View: Other
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: 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: Lauren W Connolly • Custom Real Estate Srvcs IRC
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #279177
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.