475 53rd SqVero 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
Investment property for sale in Vero Beach at 475 53rd Sq, Vero Beach, FL, 32968 earns $142/mo cash flow from $3,480/mo rent with a $2,369/mo payment. Total monthly income totals $3,480/mo, and annual cash flow totals $1,707/yr on $160,446 capital. ROI tracks 20.97% on current figures, and rental yield reads 8.63% at a $484,000 purchase. Equity gained on principal adds $3,123/yr, and 5% annual appreciation supports $133,720 over five years. Five-year ROI reaches 109.49% and total cumulative return in cash sums $175,668. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,480/mo property income instead of your personal income.
Single Family
Built in 2000
0.36 Acres lot
$N/A/sqft
$60 monthly 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: Sherrie A Coleman • One Sotheby's Int'l Realty
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #287057
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