3375 2nd PlVero BeachFL32968
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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 3375 2nd Pl, Vero Beach, FL, 32968 listed at $258,000 pairs $1,964/mo rent with a $1,263/mo payment to leave $228/mo cash flow. Total monthly income runs $1,964/mo, and annual cash flow reaches $2,733/yr on $85,527 cash to close. Return on cash invested measures 23.11% in year one, and rental yield registers 9.13% at a $258,000 basis. Equity gained on principal adds $1,665/yr, and annual property appreciation at 5% supports $71,281 by year five. Five-year ROI tracks 120.71% and total cumulative return in cash totals $103,238. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,964/mo property income relative to a $1,263/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32968, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,686 (100%) |
| Owner Occupied HU | 5,590 (83.6%) |
| Renter Occupied HU | 743 (11.1%) |
| Vacant Housing Units | 353 ( 5.3%) |
| Median Home Value | $438,062 |
| Average Home Value | $528,046 |
Housing Distribution
Address Breakdown
Residential
6,770
Single Family
6,734
Multi-Family
36
Businesses
194
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Listed by: Shavon Stalmach • Zito Realty "LLC"
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10479521
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.