2325 Date Palm DrEdgewaterFL32141
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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 2325 Date Palm Dr, Edgewater, FL, 32141 priced at $246,000 converts $1,706/mo rent into $74/mo cash flow after a $1,204/mo obligation. Total monthly income equals $1,706/mo, and annual cash flow totals $883/yr on $81,549 invested. Return on cash invested prints 20.99% in year one, and rental yield reads 8.32% against a $246,000 entry. Equity gained on principal adds $1,587/yr, while 5% annual appreciation compiles into $67,965 by year five. Five-year ROI reaches 109.26% and total cumulative return in cash sums $89,102. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,706/mo property income covering a $1,204/mo payment, not borrower’s personal income.
Single Family
Built in 1988
9,583 sqft 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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