589 Johnathans CayVero BeachFL32966
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 589 Johnathans Cay, Vero Beach, FL, 32966 at $204,900 posts ROI 21.55% with $93/mo cash flow from $1,453/mo rent. Total monthly income equals $1,453/mo, and annual cash flow records $1,118/yr on $67,924 to close. Return on cash invested measures 21.55% and rental yield reads 8.51% at the current $204,900. Equity gained on principal adds $1,322/yr, and 5% annual appreciation supports $56,610 by year five. Five-year ROI prints 112.3% and total cumulative return in cash totals $76,282.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,453/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32966, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,226 (100%) |
| Owner Occupied HU | 8,550 (64.6%) |
| Renter Occupied HU | 2,846 (21.5%) |
| Vacant Housing Units | 1,830 (13.8%) |
| Median Home Value | $357,762 |
| Average Home Value | $357,344 |
Housing Distribution
Address Breakdown
Residential
12,426
Single Family
8,196
Multi-Family
4,230
Businesses
484
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • MyMHcommunity
Mls Name: ELS
Mls Provider:
Mls ID: #N/A