812 Concord StVero 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 812 Concord St, Vero Beach, FL, 32966 offers $1,265/mo rent that, after a $783/mo payment, leaves $204/mo cash flow. Total monthly income is $1,265/mo, and annual cash flow is $2,442/yr on $53,007 cash. Return on cash invested measures 24.52% in year one, and rental yield stands at 9.49% at a $159,900 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,177 by year five. Five-year ROI records 128.19% and total cumulative return in cash reaches $67,950. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,265/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2025
N/A 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: N/A • MyMHcommunity
Mls Name: ELS
Mls Provider:
Mls ID: #N/A