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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% |
Investment property for sale in Vero Beach at 700 Carriage Lake Way, Vero Beach, FL, 32968 listed at $400,000 pairs $3,061/mo rent with a $1,958/mo payment to leave $306/mo cash flow. Total monthly income runs $3,061/mo, and annual cash flow reaches $3,676/yr on $132,600 cash to close. Return on cash invested measures 22.68% in year one, and rental yield registers 9.18% at a $400,000 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,513 by year five. Five-year ROI tracks 118.65% and total cumulative return in cash totals $157,324. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,061/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
6,098 sqft lot
$N/A/sqft
$100 monthly 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 |
|---|---|---|
| 2025-05-07 | Listing removed | $410,000 |
| 2025-04-06 | Price change | $410,000 |
| 2025-02-08 | Price change | $420,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-13 | $1629.71 | -0.40% | $161,720 | 3.00% |
| 2022-05-13 | $1636.33 | 1.18% | $157,010 | 3.00% |
| 2021-05-13 | $1617.28 | 30.76% | $152,437 | 34.73% |
Listed by: Dayan Diaz Plasencia • Coldwell Banker Realty /Delray Beach
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11090018
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 2025 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.
