8220 Meredith PlVero BeachFL32968
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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 8220 Meredith Pl, Vero Beach, FL, 32968 at $848,000 posts ROI 16.08% with from $4,963/mo rent. Total monthly income equals $4,963/mo. Return on cash invested measures 16.08% and rental yield reads 7.02% at the current $848,000. Equity gained on principal adds $5,472/yr, and 5% annual appreciation supports $234,287 by year five. Five-year ROI prints 83.29% and total cumulative return in cash totals $232,386. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,963/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
0.51 Acres lot
$N/A/sqft
$260 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32968, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,686 (100%) |
| Owner Occupied HU | 5,590 (83.6%) |
| Renter Occupied HU | 743 (11.1%) |
| Vacant Housing Units | 353 ( 5.3%) |
| Median Home Value | $438,062 |
| Average Home Value | $528,046 |
Housing Distribution
Address Breakdown
Residential
6,770
Single Family
6,734
Multi-Family
36
Businesses
194
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Listed by: Ralph M Harvey III • ListWithFreedom.com
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #275201
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.