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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 542 9th Pl, Vero Beach, FL, 32960 uses $82,875 cash to close to unlock $4,508/yr annual cash flow and $376/mo monthly cash flow. Total monthly income runs $2,232/mo, and a $1,224/mo payment keeps the spread at $376/mo. Purchase price stands at $250,000, and rental yield measures 10.71% with $2,232/mo rent. Return on cash invested shows 25.35% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 133.64% and total cumulative return in cash records $110,758. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,232/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1989
2,681 sqft lot
$N/A/sqft
$194 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 |
|---|---|---|
| 2021-03-22 | Sold | $212,000 |
| 2019-07-28 | Listing removed | $1,300 |
| 2019-06-12 | Listed for rent | $1,300 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-12 | $2260.12 | 4.89% | $191,643 | 3.00% |
| 2023-06-12 | $2154.71 | 2.96% | $186,061 | 3.00% |
| 2022-06-12 | $2092.70 | 0.68% | $180,642 | 32.82% |
Listed by: Ken Bradley • Florida HomeTown Realty Inc.
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #288796
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.
