9939 E Verona CirVero BeachFL32966
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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 9939 E Verona Cir, Vero Beach, FL, 32966 uses $120,998 cash to close to unlock $4,143/yr annual cash flow and $345/mo monthly cash flow. Total monthly income runs $3,000/mo, and a $1,786/mo payment keeps the spread at $345/mo. Purchase price stands at $365,000, and rental yield measures 9.86% with $3,000/mo rent. Return on cash invested shows 23.33% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 122.66% and total cumulative return in cash records $148,411. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,000/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Single Family
Built in 2006
6,969 sqft lot
$N/A/sqft
$233 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 32966, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,226 (100%) |
| Owner Occupied HU | 8,550 (64.6%) |
| Renter Occupied HU | 2,846 (21.5%) |
| Vacant Housing Units | 1,830 (13.8%) |
| Median Home Value | $357,762 |
| Average Home Value | $357,344 |
Housing Distribution
Address Breakdown
Residential
12,426
Single Family
8,196
Multi-Family
4,230
Businesses
484
Price History
Date | Event | Price |
|---|---|---|
| 2025-01-24 | Price change | $365,000 |
| 2025-01-07 | Price change | $375,000 |
| 2024-12-06 | Price change | $377,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $2365.51 | 2.90% | $196,911 | 3.00% |
| 2022-02-13 | $2298.83 | 0.69% | $191,176 | 3.00% |
| 2021-02-13 | $2283.02 | -2.16% | $185,608 | -0.98% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2006
- Architectural Style: Two Story
- Building Area: N/A
- Living Area: 2,036 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Carpet, Tile
- Interior Features: Bathtub, High Ceilings, Jetted Tub, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
- Exterior Features: Porch
- Parking Features: Driveway, Garage
Location
- City: Vero Beach
- State: FL
- Subdivision: Verona Trace
- Lot Size: 6,969 sqft
- Lot Features: < 1/4 Acre
- View: Garden
HOA & Fees
- HOA Fee: $233 monthly
- Association Fee: $233 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: Common Areas, Recreation Facilities
Utilities
- Utilities: N/A
- Sewer: County Sewer
- Water Source: Public
- Road Surface Type: Paved
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Angela G Hunter • Alex MacWilliam, Inc.
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #282760
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.