128 Oak Ridge 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 128 Oak Ridge Ave, Edgewater, FL, 32132 offers a 10.39% rental yield on a $223,000 purchase with $1,931/mo rent. Total monthly income registers $1,931/mo, and a $1,091/mo payment leaves $452/mo available for distribution. Annual cash flow reaches $5,419/yr on $73,925 to close, and return on cash invested stands at 27.24% in year one. Equity gained on principal adds $1,439/yr while 5% annual appreciation supports $61,611 over five years. Portfolio math shows five-year ROI at 142.77% and total cumulative return in cash at $105,545. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,931/mo property income against a $1,091/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
N/A lot
$N/A/sqft
No HOA
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Listed by: Carrie Hamel • Simply Real Estate
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1204525
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.