2360 Grand Harbor Reserve SqVero BeachFL32967
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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 2360 Grand Harbor Reserve Sq, Vero Beach, FL, 32967 offers $3,300/mo rent that, after a $8,955/mo payment. Total monthly income is $3,300/mo. Return on cash invested measures 1.2% in year one, and rental yield stands at 2.16% at a $1,829,650 entry. Equity gained on principal adds $11,806/yr while 5% annual appreciation compounds into $505,499 by year five. Five-year ROI records 3.49% and total cumulative return in cash reaches $20,708. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,300/mo property income versus a $8,955/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
0.31 Acres lot
$N/A/sqft
$627 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32967, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,975 (100%) |
| Owner Occupied HU | 9,875 (70.7%) |
| Renter Occupied HU | 2,571 (18.4%) |
| Vacant Housing Units | 1,529 (10.9%) |
| Median Home Value | $436,604 |
| Average Home Value | $497,904 |
Housing Distribution
Address Breakdown
Residential
12,707
Single Family
11,130
Multi-Family
1,577
Businesses
362
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Listed by: Charlotte N Terry • Alex MacWilliam, Inc.
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #286389
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.