5050 Fairways Cir APT E307Vero 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 E307, Vero Beach, FL, 32967 earns $248/mo cash flow from $1,509/mo rent with a $930/mo payment. Total monthly income totals $1,509/mo, and annual cash flow totals $2,977/yr on $62,985 capital. ROI tracks 24.64% on current figures, and rental yield reads 9.53% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 128.85% and total cumulative return in cash sums $81,156. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,509/mo property income instead of your personal income.
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: Belle A Forino • One Sotheby's Int'l Realty
Mls Name: Realtor Association of Indian River County
Mls ID: #291302