107 E Ocean AveEdgewaterFL32132
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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
Investment property for sale in Edgewater at 107 E Ocean Ave, Edgewater, FL, 32132 uses $126,633 cash to close to unlock $7,039/yr annual cash flow and $587/mo monthly cash flow. Total monthly income runs $3,198/mo, and a $1,870/mo payment keeps the spread at $587/mo. Purchase price stands at $382,000, and rental yield measures 10.05% with $3,198/mo rent. Return on cash invested shows 25.47% in year one, and 5% annual appreciation builds toward $105,540 over five years. Five-year ROI reaches 133.51% and total cumulative return in cash records $169,073. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,198/mo property income covering a $1,870/mo payment rather than investor’s personal income.
Single Family
Built in 1955
10,500 sqft lot
$N/A/sqft
No HOA
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Listed by: Kelly Riggle • Realty Pros Assured
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1203583
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.