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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 554 9th Pl #554, Vero Beach, FL, 32960 uses $87,814 cash to close to unlock $3,356/yr annual cash flow and $280/mo monthly cash flow. Total monthly income runs $2,232/mo, and a $1,297/mo payment keeps the spread at $280/mo. Purchase price stands at $264,900, and rental yield measures 10.11% with $2,232/mo rent. Return on cash invested shows 23.73% in year one, and 5% annual appreciation builds toward $73,187 over five years. Five-year ROI reaches 124.9% and total cumulative return in cash records $109,676. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,232/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 1988
N/A 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 |
|---|---|---|
| 2025-01-11 | Listed for sale | $264,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Steven A Rennick • Rennick Real Estate
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #284294
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.
