124 Oak Ridge Ave,Edgewater,FL,32132

Investment Highlights

Rental property for sale in Edgewater at 124 Oak Ridge Ave, Edgewater, FL, 32132 generates $1,990/mo in rent and, after a $569/mo payment, leaves $1,218/mo in cash flow. Total monthly income is $1,990/mo, and annual cash flow is $14,621/yr on $38,566 invested. Return on cash invested sits at 57.82% in year one, and rental yield is 20.53% on a $116,337 entry. Equity gained on principal adds $751/yr, while 5% annual appreciation builds toward $32,142 over five years. Five-year ROI reaches 306.82% and total cumulative return in cash sums $118,329. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,990/mo property income rather than buyer’s personal income.