415 E Waverly Pl APT 1CVero 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 415 E Waverly Pl APT 1C, Vero Beach, FL, 32960 with 5% annual appreciation on a $215,000 basis while $1,437/mo rent supports operations. 74% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 8.02%. Five-year ROI measures 72.65% and total cumulative return in cash totals $51,781. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,437/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
N/A lot
$N/A/sqft
$377 monthly 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: Gretchen Hanson • Berkshire Hathaway Florida
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #287494
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.