1802 Fern Palm DrEdgewaterFL32132
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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 1802 Fern Palm Dr, Edgewater, FL, 32132 offers a 7.84% rental yield on a $370,000 purchase with $2,416/mo rent. 79% in year one. Equity gained on principal adds $2,388/yr while 5% annual appreciation supports $102,224 over five years. Portfolio math shows five-year ROI at 97.7% and total cumulative return in cash at $119,837. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,416/mo property income against a $1,811/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1980
9,583 sqft lot
$N/A/sqft
No HOA
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Listed by: Amy Almester • Collado Real Estate
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1101311
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