








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Vero Beach at 445 E Waverly Pl APT 6A, Vero Beach, FL, 32960 listed at $160,000 pairs $2,232/mo rent with a $783/mo payment to leave $793/mo cash flow. Total monthly income runs $2,232/mo, and annual cash flow reaches $9,520/yr on $53,040 cash to close. Return on cash invested measures 37.86% in year one, and rental yield registers 16.74% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Five-year ROI tracks 202.83% and total cumulative return in cash totals $107,582. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,232/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1986
N/A lot
$N/A/sqft
$377 monthly HOA
Neighborhood data shown for ZIP Code: 32960, Vero Beach, FL area.
| 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 |
Residential
10,621
Single Family
8,919
Multi-Family
1,702
Businesses
1,871
Date | Event | Price |
|---|---|---|
| 2025-08-22 | Sold | $160,000 |
| 2025-08-09 | Pending sale | $175,000 |
| 2025-08-03 | Contingent | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Michael Kanehl • EXP Realty, LLC
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #289984
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.