1830 Needle Palm Dr,Edgewater,FL,32132

Investment Highlights

Rental property for sale in Edgewater at 1830 Needle Palm Dr, Edgewater, FL, 32132 offers $1,944/mo rent that, after a $1,101/mo payment, leaves $451/mo cash flow. Total monthly income is $1,944/mo, and annual cash flow is $5,413/yr on $74,588 cash. Return on cash invested measures 27.17% in year one, and rental yield stands at 10.37% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 142.4% and total cumulative return in cash reaches $106,209. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,944/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.