754 5th Pl SWVero BeachFL32962
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
Rental property for sale in Vero Beach at 754 5th Pl SW, Vero Beach, FL, 32962 priced at $159,900 pairs $1,239/mo rent with $67/mo cash flow after a $783/mo payment. Total monthly income equals $1,239/mo, and annual cash flow comes to $798/yr on $53,007 invested. Return on cash invested is 21.41% in year one, and rental yield stands at 9.3% on a $159,900 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,177 by year five. Five-year ROI measures 112.46% and total cumulative return in cash reaches $59,610. For financing, Ziffy Mortgage’s DSCR program evaluates $1,239/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1961
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32962, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,465 (100%) |
| Owner Occupied HU | 9,263 (68.8%) |
| Renter Occupied HU | 2,518 (18.7%) |
| Vacant Housing Units | 1,684 (12.5%) |
| Median Home Value | $325,838 |
| Average Home Value | $442,386 |
Housing Distribution
Address Breakdown
Residential
12,787
Single Family
10,412
Multi-Family
2,375
Businesses
475
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cliff Glansen • FlatFee.com Inc
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #286684
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.