4601 Highway A1a APT 102Vero BeachFL32963
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4601 Highway A1a APT 102, Vero Beach, FL, 32963 listed at $375,000 pairs $2,697/mo rent with a $1,835/mo payment to leave $209/mo cash flow. Total monthly income runs $2,697/mo, and annual cash flow reaches $2,506/yr on $124,313 cash to close. Return on cash invested measures 21.93% in year one, and rental yield registers 8.63% at a $375,000 basis. Equity gained on principal adds $2,420/yr, and annual property appreciation at 5% supports $103,606 by year five. Five-year ROI tracks 114.23% and total cumulative return in cash totals $141,999. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,697/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32963, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,433 (100%) |
| Owner Occupied HU | 8,221 (66.1%) |
| Renter Occupied HU | 680 ( 5.5%) |
| Vacant Housing Units | 3,532 (28.4%) |
| Median Home Value | $956,011 |
| Average Home Value | $1,205,867 |
Housing Distribution
Address Breakdown
Residential
11,346
Single Family
8,108
Multi-Family
3,238
Businesses
496
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathleen M Pogany • Compass Florida LLC
Mls Name: Realtor Association of Indian River County
Mls ID: #291731