1664 Paula Ct,Edgewater,FL,32132

Investment Highlights

Rental property for sale in Edgewater at 1664 Paula Ct, Edgewater, FL, 32132 priced at $179,900 converts $1,381/mo rent into $187/mo cash flow after a $881/mo obligation. Total monthly income equals $1,381/mo, and annual cash flow totals $2,240/yr on $59,637 invested. Return on cash invested prints 23.67% in year one, and rental yield reads 9.21% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 123.58% and total cumulative return in cash sums $73,701. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,381/mo property income covering a $881/mo payment, not borrower’s personal income.