5790 Highway A1a APT 1AIndian River ShoresFL32963
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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 Indian River Shores at 5790 Highway A1a APT 1A, Indian River Shores, FL, 32963 earns from $4,359/mo rent with a $5,996/mo payment. Total monthly income totals $4,359/mo. ROI tracks 8.97% on current figures, and rental yield reads 4.27% at a $1,225,000 purchase. Equity gained on principal adds $7,905/yr, and 5% annual appreciation supports $338,445 over five years. Five-year ROI reaches 44.69% and total cumulative return in cash sums $177,360. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,359/mo property income instead of your personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32963, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,433 (100%) |
| Owner Occupied HU | 8,221 (66.1%) |
| Renter Occupied HU | 680 ( 5.5%) |
| Vacant Housing Units | 3,532 (28.4%) |
| Median Home Value | $956,011 |
| Average Home Value | $1,205,867 |
Housing Distribution
Address Breakdown
Residential
11,346
Single Family
8,108
Multi-Family
3,238
Businesses
496
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Listed by: Maria L Ward • Keller Williams Realty of VB
Mls Name: Realtor Association of Indian River County
Mls ID: #292796