1165 12th Ave 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 1165 12th Ave SW, Vero Beach, FL, 32962 earns $640/mo cash flow from $2,420/mo rent with a $1,273/mo payment. Total monthly income totals $2,420/mo, and annual cash flow totals $7,685/yr on $86,190 capital. ROI tracks 28.83% on current figures, and rental yield reads 11.17% at a $260,000 purchase. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 over five years. Five-year ROI reaches 151.54% and total cumulative return in cash sums $130,613. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,420/mo property income instead of your personal income.
Single Family
Built in 2005
4,791 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: Steven Koleno • Beycome of Florida LLC
Mls Name: Space Coast AOR
Mls ID: #945272
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.