8775 24th StreetVero BeachFL32966
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 8775 24th Street, Vero Beach, FL, 32966 earns $337/mo cash flow from $2,162/mo rent with a $1,346/mo payment. Total monthly income totals $2,162/mo, and annual cash flow totals $4,044/yr on $91,163 capital. ROI tracks 24.35% on current figures, and rental yield reads 9.43% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 127.27% and total cumulative return in cash sums $116,027. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,162/mo property income instead of your personal income.
Single Family
Built in 1989
4,792 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vernon Keene • Keller Williams Realty of VB
Mls Name: BeachesMLS
Mls ID: #RX-11126296