1825 Mooringline Dr #PENTHOUSE EVero 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 #PENTHOUSE E, Vero Beach, FL, 32963 priced at $399,000 pairs $4,461/mo rent with $806/mo cash flow after a $1,953/mo payment. Total monthly income equals $4,461/mo, and annual cash flow comes to $9,673/yr on $132,269 invested. Return on cash invested is 27.22% in year one, and rental yield stands at 13.42% on a $399,000 basis. Equity gained on principal adds $2,575/yr, and 5% annual appreciation accumulates to $110,236 by year five. Five-year ROI measures 145.99% and total cumulative return in cash reaches $193,094. For financing, Ziffy Mortgage’s DSCR program evaluates $4,461/mo property income against a $1,953/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1979
N/A lot
$N/A/sqft
$1,007 monthly 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: Daina V Bertrand • The Moorings Realty Sales Co.
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #280719
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