2136 20th Ave SWVero BeachFL32962
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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 2136 20th Ave SW, Vero Beach, FL, 32962 listed at $300,000 pairs $2,814/mo rent with a $1,468/mo payment to leave $790/mo cash flow. Total monthly income runs $2,814/mo, and annual cash flow reaches $9,474/yr on $99,450 cash to close. Return on cash invested measures 29.44% in year one, and rental yield registers 11.26% at a $300,000 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,884 by year five. Five-year ROI tracks 154.67% and total cumulative return in cash totals $153,816. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,814/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
10,454 sqft lot
$N/A/sqft
$34 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 32962, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,465 (100%) |
| Owner Occupied HU | 9,263 (68.8%) |
| Renter Occupied HU | 2,518 (18.7%) |
| Vacant Housing Units | 1,684 (12.5%) |
| Median Home Value | $325,838 |
| Average Home Value | $442,386 |
Housing Distribution
Address Breakdown
Residential
12,787
Single Family
10,412
Multi-Family
2,375
Businesses
475
Price History
Date | Event | Price |
|---|---|---|
| 2005-02-08 | Sold | $113,700 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-21 | $2346.89 | 15.30% | $205,396 | 24.63% |
| 2022-04-21 | $2035.50 | 13.37% | $164,806 | 25.38% |
| 2021-04-21 | $1795.45 | 5.88% | $131,440 | 5.45% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1983
- Architectural Style: One Story
- Building Area: N/A
- Living Area: 1,152 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central, Electric
- Cooling: Central Air, Electric
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Attached, Driveway, Garage
Location
- City: Vero Beach
- State: FL
- Subdivision: Vero Beach Highlands
- Lot Size: 10,454 sqft
- Lot Features: < 1/4 Acre
- View: Other
HOA & Fees
- HOA Fee: $34 monthly
- Association Fee: $34 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: Recreation Facilities
Utilities
- Utilities: N/A
- Sewer: Septic Tank
- Water Source: Public
- Road Surface Type: Paved
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Jim Goldsmith • Dale Sorensen Real Estate Inc.
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #287452
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