1110 8th PlVero 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 1110 8th Pl, Vero Beach, FL, 32960 generates $2,928/mo in rent and, after a $1,738/mo payment, leaves $572/mo in cash flow. Total monthly income is $2,928/mo, and annual cash flow is $6,861/yr on $117,683 invested. Return on cash invested sits at 25.74% in year one, and rental yield is 9.9% on a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 134.69% and total cumulative return in cash sums $158,508. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,928/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
7,405 sqft lot
$N/A/sqft
No HOA
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
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Listed by: Bart DeNitto • EXP Realty, LLC
Mls Name: Space Coast AOR
Mls ID: #1045301