7682 S Polo Grounds LnVero BeachFL32966
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 7682 S Polo Grounds Ln, Vero Beach, FL, 32966 with 5% annual appreciation on a $1,135,000 basis while $4,140/mo rent supports operations. 77% in year one. Equity gained on principal adds $7,324/yr, and five-year appreciation sums $313,580 alongside rental yield of 4.38%. Five-year ROI measures 38.82% and total cumulative return in cash totals $142,756. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,140/mo property income versus a $5,555/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
0.40 Acres lot
$N/A/sqft
$469 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32966, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,226 (100%) |
| Owner Occupied HU | 8,550 (64.6%) |
| Renter Occupied HU | 2,846 (21.5%) |
| Vacant Housing Units | 1,830 (13.8%) |
| Median Home Value | $357,762 |
| Average Home Value | $357,344 |
Housing Distribution
Address Breakdown
Residential
12,426
Single Family
8,196
Multi-Family
4,230
Businesses
484
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sally K Daley • Douglas Elliman Florida LLC
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #291232
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.