9246 106th 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 9246 106th Ct, Vero Beach, FL, 32967 generates $4,314/mo in rent and, after a $1,835/mo payment, leaves $1,826/mo in cash flow. Total monthly income is $4,314/mo, and annual cash flow is $21,910/yr on $124,313 invested. Return on cash invested sits at 37.53% in year one, and rental yield is 13.8% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 197.93% and total cumulative return in cash sums $246,051. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,314/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.44 Acres 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: Patricia Teelin • Coldwell Banker Paradise
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-10987092
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 2024 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.