8816 99th CtVero BeachFL32967
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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 8816 99th Ct, Vero Beach, FL, 32967 generates $3,442/mo in rent and, after a $1,855/mo payment, leaves $927/mo in cash flow. Total monthly income is $3,442/mo, and annual cash flow is $11,123/yr on $125,639 invested. Return on cash invested sits at 28.76% in year one, and rental yield is 10.9% on a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 150.89% and total cumulative return in cash sums $189,575. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,442/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32967, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,975 (100%) |
| Owner Occupied HU | 9,875 (70.7%) |
| Renter Occupied HU | 2,571 (18.4%) |
| Vacant Housing Units | 1,529 (10.9%) |
| Median Home Value | $436,604 |
| Average Home Value | $497,904 |
Housing Distribution
Address Breakdown
Residential
12,707
Single Family
11,130
Multi-Family
1,577
Businesses
362
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Listed by: N/A • Douglas Elliman
Mls Name: Douglas Elliman
Mls Provider:
Mls ID: #M20047611