








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
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