164 Costa RicaEdgewaterFL32141
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Nearby investment properties with comparable prices
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
Rental property for sale in Edgewater at 164 Costa Rica, Edgewater, FL, 32141 priced at $129,800 pairs $2,650/mo rent with $1,789/mo cash flow after a $635/mo payment. Total monthly income equals $2,650/mo, and annual cash flow comes to $21,467/yr on $43,029 invested. Return on cash invested is 69.8% in year one, and rental yield stands at 24.5% on a $129,800 basis. Equity gained on principal adds $838/yr, and 5% annual appreciation accumulates to $35,861 by year five. Five-year ROI measures 370.97% and total cumulative return in cash reaches $159,624. For financing, Ziffy Mortgage’s DSCR program evaluates $2,650/mo property income against a $635/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32141, Edgewater, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,375 (100%) |
| Owner Occupied HU | 7,361 (78.5%) |
| Renter Occupied HU | 1,080 (11.5%) |
| Vacant Housing Units | 934 ( 10.0%) |
| Median Home Value | $323,737 |
| Average Home Value | $348,320 |
Housing Distribution
Address Breakdown
Residential
9,139
Single Family
9,035
Multi-Family
104
Businesses
201
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