3760 8th LnVero BeachFL32960
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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 3760 8th Ln, Vero Beach, FL, 32960 earns from $2,999/mo rent with a $2,618/mo payment. Total monthly income totals $2,999/mo. ROI tracks 16.31% on current figures, and rental yield reads 6.73% at a $534,900 purchase. Equity gained on principal adds $3,452/yr, and 5% annual appreciation supports $147,783 over five years. Five-year ROI reaches 84.09% and total cumulative return in cash sums $147,981. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,999/mo property income instead of your personal income.
Single Family
Built in 1998
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32960, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,621
Single Family
8,919
Multi-Family
1,702
Businesses
1,871
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Listed by: Jonathan D Sternberg • One Sotheby's Int'l Realty
Mls Name: Realtor Association of Indian River County
Mls ID: #289517