116 E Palm WayEdgewaterFL32132
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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 116 E Palm Way, Edgewater, FL, 32132 listed at $330,000 pairs $1,890/mo rent with a $1,615/mo payment. Total monthly income runs $1,890/mo. Return on cash invested measures 15.12% in year one, and rental yield registers 6.87% at a $330,000 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,173 by year five. Five-year ROI tracks 78.31% and total cumulative return in cash totals $85,667. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,890/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1963
7,500 sqft lot
$N/A/sqft
No HOA
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Listed by: Amara Smith • SWABB REALTY GROUP LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6299929
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511