6650 59th CtVero 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
Investment property for sale in Vero Beach at 6650 59th Ct, Vero Beach, FL, 32967 earns $902/mo cash flow from $5,116/mo rent with a $3,030/mo payment. Total monthly income totals $5,116/mo, and annual cash flow totals $10,823/yr on $203,651 capital. ROI tracks 25.37% on current figures, and rental yield reads 9.92% at a $619,000 purchase. Equity gained on principal adds $3,994/yr, and 5% annual appreciation supports $171,018 over five years. Five-year ROI reaches 132.93% and total cumulative return in cash sums $270,709. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,116/mo property income instead of your personal income.
Single Family
Built in 2018
0.29 Acres lot
$N/A/sqft
$106 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: Talle L Genoni • One Sotheby's Int'l Realty
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #288922
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.