








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 490 Bimini Cay Cir, Vero Beach, FL, 32966 with 5% annual appreciation on a $115,000 basis while $869/mo rent supports operations. Total monthly income totals $869/mo and a $563/mo payment preserves $106/mo for cash returns. Annual cash flow comes to $1,269/yr on $38,123 deployed, and return on cash invested reaches 23.24% in year one. Equity gained on principal adds $742/yr, and five-year appreciation sums $31,772 alongside rental yield of 9.07%. Five-year ROI measures 121.28% and total cumulative return in cash totals $46,233.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $869/mo property income versus a $563/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2001
N/A 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Shari Martin • Canedo Realty
Mls Name: My State MLS
Mls ID: #11542486