35 Plantation Dr APT 201Vero 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 35 Plantation Dr APT 201, Vero Beach, FL, 32966 with 5% annual appreciation on a $222,000 basis while $1,939/mo rent supports operations. Total monthly income totals $1,939/mo and a $1,087/mo payment preserves $100/mo for cash returns. Annual cash flow comes to $1,195/yr on $73,593 deployed, and return on cash invested reaches 21.53% in year one. Equity gained on principal adds $1,433/yr, and five-year appreciation sums $61,335 alongside rental yield of 10.48%. Five-year ROI measures 114.32% and total cumulative return in cash totals $84,135.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,939/mo property income versus a $1,087/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1987
N/A lot
$N/A/sqft
$346 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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