251 Bimini Cay CirVero BeachFL32966
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 251 Bimini Cay Cir, Vero Beach, FL, 32966 at $126,500 posts ROI 81.74% with $2,161/mo cash flow from $3,000/mo rent. Total monthly income equals $3,000/mo, and annual cash flow records $25,928/yr on $41,935 to close. Return on cash invested measures 81.74% and rental yield reads 28.46% at the current $126,500. Equity gained on principal adds $816/yr, and 5% annual appreciation supports $34,950 by year five. Five-year ROI prints 435.04% and total cumulative return in cash totals $182,432.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,000/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1999
N/A lot
$N/A/sqft
No 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: Janet Skouras • Hilo Home Sales
Mls Name: My State MLS
Mls ID: #11356023