5050 Fairways Cir APT 307Vero BeachFL32967
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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 5050 Fairways Cir APT 307, Vero Beach, FL, 32967 listed at $225,000 pairs $2,012/mo rent with a $1,101/mo payment to leave $519/mo cash flow. Total monthly income runs $2,012/mo, and annual cash flow reaches $6,229/yr on $74,588 cash to close. Return on cash invested measures 28.26% in year one, and rental yield registers 10.73% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 148.27% and total cumulative return in cash totals $110,589. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,012/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32967, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,975 (100%) |
| Owner Occupied HU | 9,875 (70.7%) |
| Renter Occupied HU | 2,571 (18.4%) |
| Vacant Housing Units | 1,529 (10.9%) |
| Median Home Value | $436,604 |
| Average Home Value | $497,904 |
Housing Distribution
Address Breakdown
Residential
12,707
Single Family
11,130
Multi-Family
1,577
Businesses
362
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Listed by: Kelly Fischer • One Sotheby's Int'l Realty
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #286003
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