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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% |
Investment property for sale in Vero Beach at 515 N Tropic Ln #9A, Vero Beach, FL, 32960 earns $314/mo cash flow from $2,232/mo rent with a $1,101/mo payment. Total monthly income totals $2,232/mo, and annual cash flow totals $3,769/yr on $74,588 capital. ROI tracks 24.96% on current figures, and rental yield reads 11.9% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 133.06% and total cumulative return in cash sums $99,249. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,232/mo property income instead of your personal income.
Single Family
Built in 1981
N/A lot
$N/A/sqft
$425 monthly HOA
Neighborhood data shown for ZIP Code: 32960, Vero Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,782 (100%) |
| Owner Occupied HU | 5,726 (48.6%) |
| Renter Occupied HU | 4,540 (38.5%) |
| Vacant Housing Units | 1,516 (12.9%) |
| Median Home Value | $326,618 |
| Average Home Value | $410,822 |
Residential
10,621
Single Family
8,919
Multi-Family
1,702
Businesses
1,871
Date | Event | Price |
|---|---|---|
| 2024-07-27 | Price change | $225,000 |
| 2024-07-05 | Listed for sale | $240,000 |
| 2020-02-26 | Sold | $129,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jennifer Lynn Ciecwierz • Keller Williams Realty of VB
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #279603
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.
