8083 Westfield CircleVero BeachFL32966
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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
Rental property for sale in Vero Beach at 8083 Westfield Circle, Vero Beach, FL, 32966 generates $4,140/mo in rent and, after a $2,227/mo payment, leaves $1,121/mo in cash flow. Total monthly income is $4,140/mo, and annual cash flow is $13,446/yr on $150,833 invested. Return on cash invested sits at 28.82% in year one, and rental yield is 10.92% on a $455,000 entry. Equity gained on principal adds $2,936/yr, while 5% annual appreciation builds toward $125,708 over five years. Five-year ROI reaches 151.24% and total cumulative return in cash sums $228,124. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,140/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
6,534 sqft lot
$N/A/sqft
No 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
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Listed by: James R Fisher • LPT Realty, LLC
Mls Name: BeachesMLS
Mls ID: #RX-11148654