665 32nd Ave SWVero BeachFL32968
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 665 32nd Ave SW, Vero Beach, FL, 32968 listed at $675,000 pairs $5,317/mo rent with a $3,304/mo payment to leave $837/mo cash flow. Total monthly income runs $5,317/mo, and annual cash flow reaches $10,048/yr on $222,075 cash to close. Return on cash invested measures 24.59% in year one, and rental yield registers 9.45% at a $675,000 basis. Equity gained on principal adds $4,356/yr, and annual property appreciation at 5% supports $186,490 by year five. Five-year ROI tracks 128.48% and total cumulative return in cash totals $285,327. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,317/mo property income relative to a $3,304/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32968, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
6,770
Single Family
6,734
Multi-Family
36
Businesses
194
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Peter John Marini III • Keller Williams Realty of VB
Mls Name: Realtor Association of Indian River County
Mls ID: #293329