1940 Westminster Circle #7-1Vero 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 1940 Westminster Circle #7-1, Vero Beach, FL, 32966 earns $85/mo cash flow from $1,678/mo rent with a $1,175/mo payment. Total monthly income totals $1,678/mo, and annual cash flow totals $1,020/yr on $79,560 capital. ROI tracks 21.19% on current figures, and rental yield reads 8.39% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 110.3% and total cumulative return in cash sums $87,758. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,678/mo property income instead of your personal income.
Condo
Built in 2009
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: Peter G Robinson • Laurel Agency, Inc.
Mls Name: BeachesMLS
Mls ID: #RX-11111291