1188 River Wind 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 1188 River Wind Circle, Vero Beach, FL, 32967 offers $4,400/mo rent that, after a $3,862/mo payment. Total monthly income is $4,400/mo. Return on cash invested measures 16.19% in year one, and rental yield stands at 6.69% at a $789,000 entry. Equity gained on principal adds $5,091/yr while 5% annual appreciation compounds into $217,986 by year five. Five-year ROI records 83.47% and total cumulative return in cash reaches $216,682. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,400/mo property income versus a $3,862/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.25 Acres 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: Glenn S. Schmidt • RE/MAX of Stuart
Mls Name: BeachesMLS
Mls ID: #RX-11140490