4600 2nd StVero BeachFL32968
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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
Rental property for sale in Vero Beach at 4600 2nd St, Vero Beach, FL, 32968 generates $3,239/mo in rent, after a $7,464/mo payment. Total monthly income is $3,239/mo. Return on cash invested sits at 3.66% in year one, and rental yield is 2.55% on a $1,525,000 entry. Equity gained on principal adds $9,841/yr, while 5% annual appreciation builds toward $421,329 over five years. Five-year ROI reaches 16.19% and total cumulative return in cash sums $80,016. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,239/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
2.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32968, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
6,770
Single Family
6,734
Multi-Family
36
Businesses
194
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Listed by: Mazie Regan • One Sotheby's Int'l Realty
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #282636
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.