163 Flora LnVero 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 163 Flora Ln, Vero Beach, FL, 32960 earns $138/mo cash flow from $1,000/mo rent with a $636/mo payment. Total monthly income totals $1,000/mo, and annual cash flow totals $1,653/yr on $43,062 capital. ROI tracks 23.75% on current figures, and rental yield reads 9.24% at a $129,900 purchase. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 over five years. Five-year ROI reaches 124.05% and total cumulative return in cash sums $53,419. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,000/mo property income instead of your personal income.
Manufactured
Built in 2013
N/A 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: Todd Newby • NEWBY REALTY INC
Mls Name: My State MLS
Mls ID: #11513673