1455 90th Ave LOT 58Vero BeachFL32966
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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 1455 90th Ave LOT 58, Vero Beach, FL, 32966 uses $54,698 cash to close to unlock $2,083/yr annual cash flow and $174/mo monthly cash flow. Total monthly income runs $1,269/mo, and a $808/mo payment keeps the spread at $174/mo. Purchase price stands at $165,000, and rental yield measures 9.23% with $1,269/mo rent. Return on cash invested shows 23.72% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 123.87% and total cumulative return in cash records $67,751. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,269/mo property income covering a $808/mo payment rather than investor’s personal income.
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32966, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,226 (100%) |
| Owner Occupied HU | 8,550 (64.6%) |
| Renter Occupied HU | 2,846 (21.5%) |
| Vacant Housing Units | 1,830 (13.8%) |
| Median Home Value | $357,762 |
| Average Home Value | $357,344 |
Housing Distribution
Address Breakdown
Residential
12,426
Single Family
8,196
Multi-Family
4,230
Businesses
484
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Listed by: Tanya Bazzell • Canedo Realty
Mls Name: My State MLS
Mls ID: #11419199