900 Jasmine Ln APT 1AVero 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
Rental property for sale in Vero Beach at 900 Jasmine Ln APT 1A, Vero Beach, FL, 32963 generates $2,229/mo in rent, after a $1,542/mo payment. Total monthly income is $2,229/mo. Return on cash invested sits at 10.78% in year one, and rental yield is 8.49% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 58.37% and total cumulative return in cash sums $60,953. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,229/mo property income rather than buyer’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$933 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: N/A • N/A
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