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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Vero Beach at 350 E Waverly Pl APT 5C, Vero Beach, FL, 32960 offers a 10.71% rental yield on a $250,000 purchase with $2,232/mo rent. Total monthly income registers $2,232/mo, and a $1,224/mo payment leaves $198/mo available for distribution. Annual cash flow reaches $2,371/yr on $82,875 to close, and return on cash invested stands at 22.77% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 120.76% and total cumulative return in cash at $100,078. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,232/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
1 Acres lot
$N/A/sqft
$375 monthly HOA
Neighborhood data shown for ZIP Code: 32960, Vero Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,782 (100%) |
| Owner Occupied HU | 5,726 (48.6%) |
| Renter Occupied HU | 4,540 (38.5%) |
| Vacant Housing Units | 1,516 (12.9%) |
| Median Home Value | $326,618 |
| Average Home Value | $410,822 |
Residential
10,621
Single Family
8,919
Multi-Family
1,702
Businesses
1,871
Date | Event | Price |
|---|---|---|
| 2025-04-14 | Listed for sale | $250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Bill Mills • Mills Commercial RE Group LLC
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #287297
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.
