165 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
Rental property for sale in Vero Beach at 165 Flora Ln, Vero Beach, FL, 32960 priced at $199,850 pairs $1,526/mo rent with $200/mo cash flow after a $978/mo payment. Total monthly income equals $1,526/mo, and annual cash flow comes to $2,399/yr on $66,250 invested. Return on cash invested is 23.53% in year one, and rental yield stands at 9.16% on a $199,850 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,215 by year five. Five-year ROI measures 122.84% and total cumulative return in cash reaches $81,381. For financing, Ziffy Mortgage’s DSCR program evaluates $1,526/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2006
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: NY State MLS
Mls ID: #11631080