137 39TH DriveVero BeachFL32968
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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 137 39TH Drive, Vero Beach, FL, 32968 with 5% annual appreciation on a $539,000 basis while $5,839/mo rent supports operations. Total monthly income totals $5,839/mo and a $2,638/mo payment preserves $2,237/mo for cash returns. Annual cash flow comes to $26,847/yr on $177,331 deployed, and return on cash invested reaches 35.2% in year one. Equity gained on principal adds $3,478/yr, and five-year appreciation sums $148,916 alongside rental yield of 13%. Five-year ROI measures 185.47% and total cumulative return in cash totals $328,896.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,839/mo property income versus a $2,638/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
0.26 Acres lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32968, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,686 (100%) |
| Owner Occupied HU | 5,590 (83.6%) |
| Renter Occupied HU | 743 (11.1%) |
| Vacant Housing Units | 353 ( 5.3%) |
| Median Home Value | $438,062 |
| Average Home Value | $528,046 |
Housing Distribution
Address Breakdown
Residential
6,770
Single Family
6,734
Multi-Family
36
Businesses
194
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Listed by: KEITH GORDON • GETMOREOFFERS
Mls Name: realMLS
Mls Provider:
Mls ID: #2043041
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. Data is deemed reliable but is not guaranteed accurate by realMLS.