8813 Lakeside CircleVero BeachFL32963
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
Rental property for sale in Vero Beach at 8813 Lakeside Circle, Vero Beach, FL, 32963 offers $4,913/mo rent that, after a $3,989/mo payment. Total monthly income is $4,913/mo. Return on cash invested measures 12.39% in year one, and rental yield stands at 7.23% at a $815,000 entry. Equity gained on principal adds $5,259/yr while 5% annual appreciation compounds into $225,169 by year five. Five-year ROI records 65.05% and total cumulative return in cash reaches $174,409. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,913/mo property income versus a $3,989/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
4,356 sqft lot
$N/A/sqft
$1,219 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32963, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,433 (100%) |
| Owner Occupied HU | 8,221 (66.1%) |
| Renter Occupied HU | 680 ( 5.5%) |
| Vacant Housing Units | 3,532 (28.4%) |
| Median Home Value | $956,011 |
| Average Home Value | $1,205,867 |
Housing Distribution
Address Breakdown
Residential
11,346
Single Family
8,108
Multi-Family
3,238
Businesses
496
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Listed by: Janyne Kenworthy • One Sotheby's Int'l Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11014285
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 2025 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.