336 21st AveVero BeachFL32962
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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 336 21st Ave, Vero Beach, FL, 32962 uses $94,312 cash to close to unlock $4,638/yr annual cash flow and $387/mo monthly cash flow. Total monthly income runs $2,274/mo, and a $1,392/mo payment keeps the spread at $387/mo. Purchase price stands at $284,500, and rental yield measures 9.59% with $2,274/mo rent. Return on cash invested shows 24.83% in year one, and 5% annual appreciation builds toward $78,602 over five years. Five-year ROI reaches 129.81% and total cumulative return in cash records $122,429. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,274/mo property income covering a $1,392/mo payment rather than investor’s personal income.
Single Family
Built in 1975
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32962, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,465 (100%) |
| Owner Occupied HU | 9,263 (68.8%) |
| Renter Occupied HU | 2,518 (18.7%) |
| Vacant Housing Units | 1,684 (12.5%) |
| Median Home Value | $325,838 |
| Average Home Value | $442,386 |
Housing Distribution
Address Breakdown
Residential
12,787
Single Family
10,412
Multi-Family
2,375
Businesses
475
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Listed by: Mark R Seeberg • Berkshire Hathaway Florida
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #287417
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.