83 Crooked Tree Lane #207Vero BeachFL32962
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 83 Crooked Tree Lane #207, Vero Beach, FL, 32962 at $143,000 posts ROI 37.05% with $677/mo cash flow from $2,248/mo rent. Total monthly income equals $2,248/mo, and annual cash flow records $8,123/yr on $47,405 to close. Return on cash invested measures 37.05% and rental yield reads 18.86% at the current $143,000. Equity gained on principal adds $923/yr, and 5% annual appreciation supports $39,508 by year five. Five-year ROI prints 201.03% and total cumulative return in cash totals $95,296.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,248/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1979
N/A lot
$N/A/sqft
$622 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32962, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,465 (100%) |
| Owner Occupied HU | 9,263 (68.8%) |
| Renter Occupied HU | 2,518 (18.7%) |
| Vacant Housing Units | 1,684 (12.5%) |
| Median Home Value | $325,838 |
| Average Home Value | $442,386 |
Housing Distribution
Address Breakdown
Residential
12,787
Single Family
10,412
Multi-Family
2,375
Businesses
475
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Listed by: Colleen Jennings • Billero & Billero - Beach Offc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-10979023
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.