Oakmont Club Plan, The Reserve 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 Oakmont Club Plan, The Reserve at Grand Harbor, Vero Beach, FL, 32967 generates $6,241/mo in rent, after a $8,874/mo payment. Total monthly income is $6,241/mo. Return on cash invested sits at 8.54% in year one, and rental yield is 4.13% on a $1,812,990 entry. Equity gained on principal adds $11,699/yr, while 5% annual appreciation builds toward $500,896 over five years. Five-year ROI reaches 42.38% and total cumulative return in cash sums $248,961. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,241/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
N/A 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: Catherine Garofalo • GHO Homes
Mls Name: GHO Homes
Mls Provider:
Mls ID: #N/A