3510 11th St SWVero 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 3510 11th St SW, Vero Beach, FL, 32968 earns $626/mo cash flow from $2,783/mo rent with a $1,591/mo payment. Total monthly income totals $2,783/mo, and annual cash flow totals $7,512/yr on $107,738 capital. ROI tracks 26.88% on current figures, and rental yield reads 10.28% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 140.81% and total cumulative return in cash sums $151,705. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,783/mo property income instead of your personal income.
Single Family
Built in 1978
0.46 Acres 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: Jennifer Moscrip • Keller Williams Realty of VB
Mls Name: Realtor Association of Indian River County
Mls ID: #289709