1825 Mooringline Dr APT 1DVero BeachFL32963
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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 1825 Mooringline Dr APT 1D, Vero Beach, FL, 32963 offers $2,552/mo rent that, after a $1,835/mo payment, leaves $64/mo cash flow. Total monthly income is $2,552/mo, and annual cash flow is $769/yr on $124,279 cash. Return on cash invested measures 20.53% in year one, and rental yield stands at 8.17% at a $374,900 entry. Equity gained on principal adds $2,419/yr while 5% annual appreciation compounds into $103,578 by year five. Five-year ROI records 106.77% and total cumulative return in cash reaches $132,691. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,552/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32963, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,433 (100%) |
| Owner Occupied HU | 8,221 (66.1%) |
| Renter Occupied HU | 680 ( 5.5%) |
| Vacant Housing Units | 3,532 (28.4%) |
| Median Home Value | $956,011 |
| Average Home Value | $1,205,867 |
Housing Distribution
Address Breakdown
Residential
11,346
Single Family
8,108
Multi-Family
3,238
Businesses
496
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Listed by: Collier Proctor • The Moorings Realty Sales Co.
Mls Name: Realtor Association of Indian River County
Mls ID: #277850