166 Coral 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 166 Coral Ln, Vero Beach, FL, 32960 with 5% annual appreciation on a $169,900 basis while $1,354/mo rent supports operations. Total monthly income totals $1,354/mo and a $832/mo payment preserves $226/mo for cash returns. Annual cash flow comes to $2,713/yr on $56,322 deployed, and return on cash invested reaches 24.73% in year one. Equity gained on principal adds $1,096/yr, and five-year appreciation sums $46,940 alongside rental yield of 9.56%. Five-year ROI measures 129.33% and total cumulative return in cash totals $72,842.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,354/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2021
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: #11577612