1703 Hill StEdgewaterFL32132
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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
Rental property for sale in Edgewater at 1703 Hill St, Edgewater, FL, 32132 offers $1,837/mo rent that, after a $1,273/mo payment, leaves $111/mo cash flow. Total monthly income is $1,837/mo, and annual cash flow is $1,334/yr on $86,190 cash. Return on cash invested measures 21.46% in year one, and rental yield stands at 8.48% at a $260,000 entry. Equity gained on principal adds $1,678/yr while 5% annual appreciation compounds into $71,833 by year five. Five-year ROI records 111.78% and total cumulative return in cash reaches $96,341. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,837/mo property income versus a $1,273/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
8,712 sqft lot
$N/A/sqft
No HOA
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Listed by: Deana Frechette • Simply Real Estate
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1207367
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.