6360 High Pointe WayVero 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 6360 High Pointe Way, Vero Beach, FL, 32967 priced at $711,487 converts $7,481/mo rent into $2,414/mo cash flow after a $3,482/mo obligation. Total monthly income equals $7,481/mo, and annual cash flow totals $28,966/yr on $234,079 invested. Return on cash invested prints 32.43% in year one, and rental yield reads 12.62% against a $711,487 entry. Equity gained on principal adds $4,591/yr, while 5% annual appreciation compiles into $196,571 by year five. Five-year ROI reaches 171.21% and total cumulative return in cash sums $400,762. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,481/mo property income covering a $3,482/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.30 Acres lot
$N/A/sqft
$346 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: Jeffrey Germano • The GHO Homes Agency LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11002351
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.