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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Vero Beach at 4765 8th Pl, Vero Beach, FL, 32966 generates $3,000/mo in rent and, after a $1,928/mo payment, leaves $335/mo in cash flow. Total monthly income is $3,000/mo, and annual cash flow is $4,019/yr on $130,611 invested. Return on cash invested sits at 22.99% in year one, and rental yield is 9.14% on a $394,000 entry. Equity gained on principal adds $2,542/yr, while 5% annual appreciation builds toward $108,855 over five years. Five-year ROI reaches 120.09% and total cumulative return in cash sums $156,856. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,000/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 32966, Vero Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,226 (100%) |
| Owner Occupied HU | 8,550 (64.6%) |
| Renter Occupied HU | 2,846 (21.5%) |
| Vacant Housing Units | 1,830 (13.8%) |
| Median Home Value | $357,762 |
| Average Home Value | $357,344 |
Residential
12,426
Single Family
8,196
Multi-Family
4,230
Businesses
484
Date | Event | Price |
|---|---|---|
| 2025-02-09 | Price change | $394,000 |
| 2025-01-22 | Price change | $419,000 |
| 2024-12-20 | Listed for sale | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $4118.67 | 0.61% | $319,971 | 15.54% |
| 2022-02-13 | $4093.62 | 27.93% | $276,947 | 23.95% |
| 2021-02-13 | $3199.77 | 8.95% | $223,435 | 11.93% |
Listed by: Troy P Westover • Dale Sorensen Real Estate Inc.
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #283701
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.
