891 22nd PlaceVero BeachFL32960
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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 891 22nd Place, Vero Beach, FL, 32960 at $450,000 posts ROI 22.32% with $300/mo cash flow from $3,287/mo rent. Total monthly income equals $3,287/mo, and annual cash flow records $3,603/yr on $149,175 to close. Return on cash invested measures 22.32% and rental yield reads 8.77% at the current $450,000. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 by year five. Five-year ROI prints 116.4% and total cumulative return in cash totals $173,634.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,287/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1961
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32960, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,782 (100%) |
| Owner Occupied HU | 5,726 (48.6%) |
| Renter Occupied HU | 4,540 (38.5%) |
| Vacant Housing Units | 1,516 (12.9%) |
| Median Home Value | $326,618 |
| Average Home Value | $410,822 |
Housing Distribution
Address Breakdown
Residential
10,621
Single Family
8,919
Multi-Family
1,702
Businesses
1,871
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Listed by: Joanne Montgomery • RE/MAX Select Group
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11060889
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.