1150 Reef Rd #A6Vero BeachFL32963
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 1150 Reef Rd #A6, Vero Beach, FL, 32963 at $975,000 posts ROI 4.53% with from $3,986/mo rent. Total monthly income equals $3,986/mo. Return on cash invested measures 4.53% and rental yield reads 4.91% at the current $975,000. Equity gained on principal adds $6,292/yr, and 5% annual appreciation supports $269,375 by year five. Five-year ROI prints 23.19% and total cumulative return in cash totals $74,391. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,986/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1976
N/A lot
$N/A/sqft
$1,667 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32963, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,433 (100%) |
| Owner Occupied HU | 8,221 (66.1%) |
| Renter Occupied HU | 680 ( 5.5%) |
| Vacant Housing Units | 3,532 (28.4%) |
| Median Home Value | $956,011 |
| Average Home Value | $1,205,867 |
Housing Distribution
Address Breakdown
Residential
11,346
Single Family
8,108
Multi-Family
3,238
Businesses
496
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erika L Ross • The Moorings Realty Sales Co.
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #284347
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.