8116 97th CtVero BeachFL32967
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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
Investment property for sale in Vero Beach at 8116 97th Ct, Vero Beach, FL, 32967 listed at $351,750 pairs $3,300/mo rent with a $1,722/mo payment to leave $965/mo cash flow. Total monthly income runs $3,300/mo, and annual cash flow reaches $11,584/yr on $116,605 cash to close. Return on cash invested measures 29.84% in year one, and rental yield registers 11.26% at a $351,750 basis. Equity gained on principal adds $2,270/yr, and annual property appreciation at 5% supports $97,182 by year five. Five-year ROI tracks 156.72% and total cumulative return in cash totals $182,747. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,300/mo property income relative to a $1,722/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32967, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,975 (100%) |
| Owner Occupied HU | 9,875 (70.7%) |
| Renter Occupied HU | 2,571 (18.4%) |
| Vacant Housing Units | 1,529 (10.9%) |
| Median Home Value | $436,604 |
| Average Home Value | $497,904 |
Housing Distribution
Address Breakdown
Residential
12,707
Single Family
11,130
Multi-Family
1,577
Businesses
362
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Listed by: Robin Raiff • Douglas Elliman
Mls Name: Space Coast AOR
Mls ID: #1046587
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.