1924 Westminster Circle #104Vero BeachFL32966
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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 1924 Westminster Circle #104, Vero Beach, FL, 32966 earns $165/mo cash flow from $1,293/mo rent with a $832/mo payment. Total monthly income totals $1,293/mo, and annual cash flow totals $1,981/yr on $56,322 capital. ROI tracks 23.43% on current figures, and rental yield reads 9.13% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 122.39% and total cumulative return in cash sums $68,930. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,293/mo property income instead of your personal income.
Condo
Built in 1991
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32966, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,226 (100%) |
| Owner Occupied HU | 8,550 (64.6%) |
| Renter Occupied HU | 2,846 (21.5%) |
| Vacant Housing Units | 1,830 (13.8%) |
| Median Home Value | $357,762 |
| Average Home Value | $357,344 |
Housing Distribution
Address Breakdown
Residential
12,426
Single Family
8,196
Multi-Family
4,230
Businesses
484
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Listed by: Cindy L Leonard • RE/MAX Select Group
Mls Name: BeachesMLS
Mls ID: #RX-11134847