32 Plantation Dr APT 102Vero 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 32 Plantation Dr APT 102, Vero Beach, FL, 32966 priced at $222,500 pairs $2,579/mo rent with $484/mo cash flow after a $1,089/mo payment. Total monthly income equals $2,579/mo, and annual cash flow comes to $5,809/yr on $73,759 invested. Return on cash invested is 27.78% in year one, and rental yield stands at 13.91% on a $222,500 basis. Equity gained on principal adds $1,436/yr, and 5% annual appreciation accumulates to $61,473 by year five. Five-year ROI measures 149.36% and total cumulative return in cash reaches $110,164. For financing, Ziffy Mortgage’s DSCR program evaluates $2,579/mo property income against a $1,089/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1987
N/A lot
$N/A/sqft
$611 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: Kelly Schriver • Vista Plantation Realty
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #280356
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