5523 57th WayVero 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 5523 57th Way, Vero Beach, FL, 32967 offers a 9.62% rental yield on a $549,000 purchase with $4,402/mo rent. Total monthly income registers $4,402/mo, and a $2,687/mo payment leaves $759/mo available for distribution. Annual cash flow reaches $9,106/yr on $180,621 to close, and return on cash invested stands at 25.1% in year one. Equity gained on principal adds $3,543/yr while 5% annual appreciation supports $151,679 over five years. Portfolio math shows five-year ROI at 131.24% and total cumulative return in cash at $237,056. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,402/mo property income against a $2,687/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
10,454 sqft 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: Bethany Petito • EXP Realty LLC
Mls Name: eXp Realty
Mls ID: #R11003839