Reverence Plan, Preserve at Waterway VillageVero 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 Reverence Plan, Preserve at Waterway Village, Vero Beach, FL, 32967 priced at $615,990 converts $4,930/mo rent into $842/mo cash flow after a $3,015/mo obligation. Total monthly income equals $4,930/mo, and annual cash flow totals $10,106/yr on $202,661 invested. Return on cash invested prints 25.05% in year one, and rental yield reads 9.6% against a $615,990 entry. Equity gained on principal adds $3,975/yr, while 5% annual appreciation compiles into $170,187 by year five. Five-year ROI reaches 130.97% and total cumulative return in cash sums $265,420. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,930/mo property income covering a $3,015/mo payment, not borrower’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: N/A • DiVosta
Mls Name: DiVosta
Mls Provider:
Mls ID: #N/A