5875 Palmetto Preserve RdVero 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
Rental property for sale in Vero Beach at 5875 Palmetto Preserve Rd, Vero Beach, FL, 32967 priced at $890,000 pairs $3,300/mo rent with after a $4,356/mo payment. Total monthly income equals $3,300/mo. Return on cash invested is 8.43% in year one, and rental yield stands at 4.45% on a $890,000 basis. Equity gained on principal adds $5,743/yr, and 5% annual appreciation accumulates to $245,891 by year five. Five-year ROI measures 42.16% and total cumulative return in cash reaches $123,436. For financing, Ziffy Mortgage’s DSCR program evaluates $3,300/mo property income against a $4,356/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.28 Acres lot
$N/A/sqft
$233 monthly 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: Megan E Longwell Raasveldt • Dale Sorensen Real Estate Inc.
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #281744
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.