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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Vero Beach at 6446 5th Pl, Vero Beach, FL, 32968 offers $4,553/mo rent that, after a $1,786/mo payment, leaves $2,131/mo cash flow. Total monthly income is $4,553/mo, and annual cash flow is $25,575/yr on $120,998 cash. Return on cash invested measures 41.05% in year one, and rental yield stands at 14.97% at a $365,000 entry. Equity gained on principal adds $2,355/yr while 5% annual appreciation compounds into $100,843 by year five. Five-year ROI records 216.79% and total cumulative return in cash reaches $262,315. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,553/mo property income versus a $1,786/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 32968, Vero Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,686 (100%) |
| Owner Occupied HU | 5,590 (83.6%) |
| Renter Occupied HU | 743 (11.1%) |
| Vacant Housing Units | 353 ( 5.3%) |
| Median Home Value | $438,062 |
| Average Home Value | $528,046 |
Residential
6,770
Single Family
6,734
Multi-Family
36
Businesses
194
Date | Event | Price |
|---|---|---|
| 2024-08-29 | Listed for sale | $365,000 |
| 2024-08-19 | Listing removed | N/A |
| 2024-07-18 | Price change | $374,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $1166.87 | 3.60% | $110,811 | 3.00% |
| 2022-08-30 | $1126.33 | 2.09% | $107,584 | 3.00% |
| 2021-08-30 | $1103.30 | 1.48% | $104,450 | 1.40% |
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Listed by: Anjoel O Wright • Compass Florida LLC
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #279786
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.
