OFF_MARKETRisky Deal4 days on market

5 Cache Cay Drive

5 Cache Cay Drive, Vero Beach, FL 32963, Vero Beach, FL 32963
$1,550,000
Zestimate®:$1,530,100

Listing Price

Property image 1
5 Cache Cay Drive, Vero Beach, FL 32963
Loc: Vero Beach, FL
Days Listed
4
Tax Assessed
$1418k
Zestimate®
$1530k
Market Rate
Lot Size
0.51 acres
Rent Estimate
$6,463/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

7

Beachland Elementary School

PK-5
0.7 mi away
7

Gifford Middle School

6-8
3.1 mi away
5

Vero Beach High School

9-12
3.5 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
3.33%
Total ROI
6.3%
Cash Flow
$-3,532/mo
DSCR
0.55
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-07-29Sold$1,530,000$589
2026-06-24Contingent$1,550,000$596
2026-05-16Listed for sale$1,550,000$596
2026-05-15Listing removed$8,500$3
2026-04-09Price change$8,500$3
2026-04-04Listed for rent$10,000$4
2026-03-30Listing removed$6,750$3
2026-03-20Price change$6,750$3
2026-02-27Listed for rent$6,950$3
2024-04-09Listing removed$0
2024-03-14Listing removed$0
2024-03-02Price change$1,449,999$558
2024-01-30Listed for sale$1,499,999$577
2024-01-24Listed for rent$7,000$3
2024-01-22Listing removed$0
2024-01-13Price change$7,000$3
2024-01-01Listed for rent$7,500$3
2023-10-30Sold$975,000$375
2023-08-21Pending sale$1,100,000$423
2023-08-20Listed for sale$1,100,000$423
2023-08-14Contingent$1,100,000$423
2023-08-01Price change$1,100,000$423
2023-07-17Price change$1,195,000$460
2023-07-03Price change$1,295,000$498
2023-06-14Price change$1,325,000$510
2023-04-18Price change$1,400,000$539
2022-12-16Listed for sale$1,600,000$616

Tax History

YearProperty TaxTax Assessment
2025$22,783.14$1,418,160
2024$21,747.03$1,410,943
2023$9,297.95$652,640
2022$9,384.86$633,631
2021$9,262.43$615,176
2020$9,245.34$606,682
2019$9,245.34$593,042
2018$9,272.23$581,985
2017$9,189.43$570,014
2016$9,189.43$558,290
2015$9,083.41$554,410
2014$9,308.49$550,010
2013$0$541,890
2012$8,709$543,540
2011$8,430$527,710
2010$8,958$559,910
2009$9,199$597,100
2008$9,782$661,850
2007$10,720$645,860
2006$0$771,080
2005$0$364,230
2004$0$364,230
2003$0$388,090
2002$6,572.11$340,640
2001$6,495.55$332,560
2000$6,001.65$296,460
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
3
Sq Ft
2,599
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $1,550,000Rent Basis: Observed Comp Model ($6,463/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $775/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.36%

NOI: $36,520/yr

Cash-on-Cash Yield
-16.8%

On $356,500 invested

DSCR Ratio
0.38x

Negative debt coverage

5-Yr Leveraged ROI
+10.1%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$1,158/mo
Homeowner / Hazard Insurance-$775/mo
Vacancy Reserve (5% of rent)-$323/mo
Repairs & Maintenance (10% of rent)-$646/mo
Property Management (8% of rent)-$517/mo
Total Pure Operating Expenses-$3,420/mo
Net Investor Cash Flow
Gross Scheduled Rent+$6,463/mo
Less: Operating Expenses-$3,420/mo
Net Operating Income (NOI)+$3,043/mo
Less: Debt Service (30yr @ 6.75%)-$8,043/mo
Net Cash Flow
$-4,999/mo
$-59,991/year
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