1901 Indian River Blvd #104CVero 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 1901 Indian River Blvd #104C, Vero Beach, FL, 32960 listed at $175,000 pairs $1,353/mo rent with a $857/mo payment to leave $191/mo cash flow. Total monthly income runs $1,353/mo, and annual cash flow reaches $2,295/yr on $58,013 cash to close. Return on cash invested measures 23.86% in year one, and rental yield registers 9.28% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 124.7% and total cumulative return in cash totals $72,343. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,353/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1975
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: Peter Nacion • LoKation
Mls Name: BeachesMLS
Mls ID: #F10545363