8850 E Orchid Island CirVero BeachFL32963
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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 8850 E Orchid Island Cir, Vero Beach, FL, 32963 at $1,047,777 posts ROI 5.44% with from $3,912/mo rent. Total monthly income equals $3,912/mo. Return on cash invested measures 5.44% and rental yield reads 4.48% at the current $1,047,777. Equity gained on principal adds $6,761/yr, and 5% annual appreciation supports $289,481 by year five. Five-year ROI prints 27.26% and total cumulative return in cash totals $92,536. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,912/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
5,662 sqft lot
$N/A/sqft
$1,184 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: Susie Wilson • Susie Wilson Real Estate PA
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #284522
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.