2290 Compass Pointe DrVero 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
Rental property for sale in Vero Beach at 2290 Compass Pointe Dr, Vero Beach, FL, 32966 generates $4,140/mo in rent and, after a $2,340/mo payment, leaves $931/mo in cash flow. Total monthly income is $4,140/mo, and annual cash flow is $11,178/yr on $158,457 invested. Return on cash invested sits at 26.96% in year one, and rental yield is 10.39% on a $478,000 entry. Equity gained on principal adds $3,084/yr, while 5% annual appreciation builds toward $132,063 over five years. Five-year ROI reaches 141.37% and total cumulative return in cash sums $224,005. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,140/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
0.30 Acres lot
$N/A/sqft
$36 monthly 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: Sean B. Prescott • RE/MAX Crown Realty
Mls Name: Space Coast AOR
Mls ID: #1043294
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.