1380 41st 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 1380 41st Ave, Vero Beach, FL, 32960 earns $1,143/mo cash flow from $3,664/mo rent with a $1,859/mo payment. Total monthly income totals $3,664/mo, and annual cash flow totals $13,720/yr on $125,937 capital. ROI tracks 30.8% on current figures, and rental yield reads 11.57% at a $379,900 purchase. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,959 over five years. Five-year ROI reaches 161.87% and total cumulative return in cash sums $203,849. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,664/mo property income instead of your personal income.
Single Family
Built in 1990
0.26 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: Jon Carroll • EXP Realty, LLC
Mls Name: Realtor Association of Indian River County
Mls ID: #289979