220 53rd CirVero BeachFL32968
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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 220 53rd Cir, Vero Beach, FL, 32968 listed at $499,900 pairs $4,747/mo rent with a $2,447/mo payment to leave $1,312/mo cash flow. Total monthly income runs $4,747/mo, and annual cash flow reaches $15,744/yr on $165,717 cash to close. Return on cash invested measures 29.41% in year one, and rental yield registers 11.4% at a $499,900 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,113 by year five. Five-year ROI tracks 154.7% and total cumulative return in cash totals $256,368. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,747/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
0.35 Acres lot
$N/A/sqft
$44 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32968, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
6,770
Single Family
6,734
Multi-Family
36
Businesses
194
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Listed by: Tammy S Ramey • Suncoast Realty & Rental Mgmt
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #287470
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.