1230 14th AveVero 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
Investment property for sale in Vero Beach at 1230 14th Ave, Vero Beach, FL, 32960 listed at $226,000 pairs $1,548/mo rent with a $1,106/mo payment to leave $48/mo cash flow. Total monthly income runs $1,548/mo, and annual cash flow reaches $581/yr on $74,919 cash to close. Return on cash invested measures 20.68% in year one, and rental yield registers 8.22% at a $226,000 basis. Equity gained on principal adds $1,458/yr, and annual property appreciation at 5% supports $62,440 by year five. Five-year ROI tracks 107.6% and total cumulative return in cash totals $80,615. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,548/mo property income relative to a $1,106/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
0.29 Acres 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: Steven A Rennick • Rennick Real Estate
Mls Name: Realtor Association of Indian River County
Mls ID: #291425