








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 605 9th St, Vero Beach, FL, 32960 uses $97,793 cash to close to unlock $3,013/yr annual cash flow and $251/mo monthly cash flow. Total monthly income runs $2,232/mo, and a $1,444/mo payment keeps the spread at $251/mo. Purchase price stands at $295,000, and rental yield measures 9.08% with $2,232/mo rent. Return on cash invested shows 22.99% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 120.1% and total cumulative return in cash records $117,446. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,232/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.26 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-08-23 | Price change | $295,000 |
| 2024-06-28 | Listed for sale | $305,000 |
| 2024-06-21 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $2903.16 | 481.78% | $237,076 | 208.05% |
| 2022-08-30 | $499.01 | 4.47% | $76,961 | 3.00% |
| 2021-08-30 | $477.68 | 1.71% | $74,720 | 1.40% |



Listed by: Sandra Alexander • One Sotheby's Int'l Realty
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #279327
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.