3405 63rd SqVero 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
Investment property for sale in Vero Beach at 3405 63rd Sq, Vero Beach, FL, 32966 offers a 6.65% rental yield on a $460,000 purchase with $2,550/mo rent. 96% in year one. Equity gained on principal adds $2,968/yr while 5% annual appreciation supports $127,090 over five years. Portfolio math shows five-year ROI at 82.23% and total cumulative return in cash at $125,389. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,550/mo property income against a $2,251/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.28 Acres 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: Larry Treger • EXIT Right Realty
Mls Name: BeachesMLS
Mls ID: #F10544511