1016 Ruth Dr,Edgewater,FL,32132

Investment Highlights

Investment property for sale in Edgewater at 1016 Ruth Dr, Edgewater, FL, 32132 offers a 8.67% rental yield on a $278,000 purchase with $2,008/mo rent. Total monthly income registers $2,008/mo, and a $1,361/mo payment leaves $163/mo available for distribution. Annual cash flow reaches $1,954/yr on $92,157 to close, and return on cash invested stands at 22.03% in year one. Equity gained on principal adds $1,794/yr while 5% annual appreciation supports $76,806 over five years. Portfolio math shows five-year ROI at 114.79% and total cumulative return in cash at $105,785. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,008/mo property income against a $1,361/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.