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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% |
Rental property for sale in Vero Beach at 3610 3rd Place, Vero Beach, FL, 32968 generates $1,708/mo in rent and, after a $1,224/mo payment, leaves $17/mo in cash flow. Total monthly income is $1,708/mo, and annual cash flow is $208/yr on $82,875 invested. Return on cash invested sits at 20.16% in year one, and rental yield is 8.2% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 104.99% and total cumulative return in cash sums $87,010. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,708/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 32968, Vero Beach, FL area.
| 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 |
Residential
6,770
Single Family
6,734
Multi-Family
36
Businesses
194
Date | Event | Price |
|---|---|---|
| 2025-04-30 | Listed for sale | $250,000 |
| 2024-06-20 | Listing removed | N/A |
| 2024-06-12 | Listed for rent | $2,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-05 | $2599.28 | 11.06% | $193,402 | 15.75% |
| 2022-05-05 | $2340.39 | 13.48% | $167,080 | 25.80% |
| 2021-05-05 | $2062.34 | 9.17% | $132,819 | 12.40% |
Listed by: Eugene Billero • Billero & Billero - Beach Offc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11087615
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.
