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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 391 W Tangerine Sq SW, Vero Beach, FL, 32968 generates $3,480/mo in rent and, after a $1,703/mo payment, leaves $1,171/mo in cash flow. Total monthly income is $3,480/mo, and annual cash flow is $14,051/yr on $115,362 invested. Return on cash invested sits at 32.09% in year one, and rental yield is 12% on a $348,000 entry. Equity gained on principal adds $2,246/yr, while 5% annual appreciation builds toward $96,146 over five years. Five-year ROI reaches 168.73% and total cumulative return in cash sums $194,650. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,480/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Nicole Reed • Keller Williams Realty of VB
Mls Name: Realtor Association of Indian River County
Mls ID: #292562
