16 44th Ave, Vero Beach, FL, 32968 | $604/mo Cash Flow | Ziffy
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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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NMLS #2625701
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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
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Investment Highlights

Investment property for sale in Vero Beach at 16 44th Ave, Vero Beach, FL, 32968 uses $89,472 cash to close to unlock $7,247/yr annual cash flow and $604/mo monthly cash flow. Total monthly income runs $2,395/mo, and a $1,321/mo payment keeps the spread at $604/mo. Purchase price stands at $269,900, and rental yield measures 10.65% with $2,395/mo rent. Return on cash invested shows 28.01% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 146.85% and total cumulative return in cash records $131,394. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,395/mo property income covering a $1,321/mo payment rather than investor’s personal income.

Single Family

Built in 2006

4,791 sqft lot

$N/A/sqft

No HOA

More details about the property

Investment property for sale in Vero Beach at 16 44th Ave, Vero Beach, FL, 32968 uses $89,472 cash to close to unlock $7,247/yr annual cash flow and $604/mo monthly cash flow. Total monthly income runs $2,395/mo, and a $1,321/mo payment keeps the spread at $604/mo. Purchase price stands at $269,900, and rental yield measures 10.65% with $2,395/mo rent. Return on cash invested shows 28.01% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 146.85% and total cumulative return in cash records $131,394. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,395/mo property income covering a $1,321/mo payment rather than investor’s personal income.

Neighborhood Data

Neighborhood data shown for ZIP Code: 32968, Vero Beach, FL area.

Housing Distribution

Housing Statistics

CategoryValue
Total HU (Housing Units)6,686 (100%)
Owner Occupied HU5,590 (83.6%)
Renter Occupied HU743 (11.1%)
Vacant Housing Units353 ( 5.3%)
Median Home Value$438,062
Average Home Value$528,046

Address Breakdown

Residential

6,770

Single Family

6,734

Multi-Family

36

Businesses

194

Price History

Date

Event

Price

No price history data available

Tax History

Date

Tax Paid

Tax Increase Rate

Value

Value Increase Rate

No tax history data available
Loan officer
Loan officer
Loan officer
Powered by
Ziffy Mortgage
NMLS #2625701
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Facts & Features

General Information

  • Type: SingleFamily
  • Year Built: 2006
  • Architectural Style: N/A
  • Building Area: N/A
  • Living Area: N/A
  • Property Condition: N/A

Features & Amenities

  • Heating: N/A
  • Cooling: N/A
  • Flooring: N/A
  • Interior Features: N/A
  • Exterior Features: N/A
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Location

  • City: Vero Beach
  • State: FL
  • Subdivision: N/A
  • Lot Size: 4,791 sqft
  • Lot Features: N/A
  • View: N/A

HOA & Fees

  • HOA Fee: N/A
  • Association Fee: N/A
  • Fees & Dues: N/A
  • Association Amenities: N/A
  • Association Fee Includes: N/A

Utilities

  • Utilities: N/A
  • Sewer: N/A
  • Water Source: N/A
  • Road Surface Type: N/A

School Information

  • Elementary School: N/A
  • Middle School: N/A
  • High School: N/A

Listed by: Kathleen M Pogany • Compass Florida LLC 

Mls Name: Realtor Association of Indian River County

Mls ID: #290210

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