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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Vero Beach at 2016 Plainfield Dr SW, Vero Beach, FL, 32968 generates $4,553/mo in rent and, after a $2,924/mo payment, leaves $588/mo in cash flow. Total monthly income is $4,553/mo, and annual cash flow is $7,060/yr on $196,578 invested. Return on cash invested sits at 23.65% in year one, and rental yield is 9.14% on a $597,500 entry. Equity gained on principal adds $3,856/yr, while 5% annual appreciation builds toward $165,078 over five years. Five-year ROI reaches 123.48% and total cumulative return in cash sums $242,731. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,553/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 32968, Vero Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,686 (100%) |
| Owner Occupied HU | 5,590 (83.6%) |
| Renter Occupied HU | 743 (11.1%) |
| Vacant Housing Units | 353 ( 5.3%) |
| Median Home Value | $438,062 |
| Average Home Value | $528,046 |
Residential
6,770
Single Family
6,734
Multi-Family
36
Businesses
194
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Rebecca Onagoruwa • EXP Realty, LLC
Mls Name: Realtor Association of Indian River County
Mls ID: #293001
