Mirador Plan, The Falls at Grand HarborVero 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 Mirador Plan, The Falls at Grand Harbor, Vero Beach, FL, 32967 priced at $691,490 converts $4,015/mo rent into after a $3,385/mo obligation. Total monthly income equals $4,015/mo. Return on cash invested prints 13.87% in year one, and rental yield reads 6.97% against a $691,490 entry. Equity gained on principal adds $4,462/yr, while 5% annual appreciation compiles into $191,046 by year five. Five-year ROI reaches 72.15% and total cumulative return in cash sums $164,132. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,015/mo property income covering a $3,385/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$601 monthly 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: N/A • GHO Homes
Mls Name: GHO Homes
Mls Provider:
Mls ID: #N/A