2709 Tamarind 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
Investment property for sale in Edgewater at 2709 Tamarind Dr, Edgewater, FL, 32141 offers a 10.4% rental yield on a $305,900 purchase with $2,650/mo rent. Total monthly income registers $2,650/mo, and a $1,497/mo payment leaves $453/mo available for distribution. Annual cash flow reaches $5,439/yr on $101,406 to close, and return on cash invested stands at 25.27% in year one. Equity gained on principal adds $1,974/yr while 5% annual appreciation supports $84,515 over five years. Portfolio math shows five-year ROI at 132.94% and total cumulative return in cash at $134,812. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,650/mo property income against a $1,497/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
10,000 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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Listed by: Nicki Jones • LPT REALTY LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #V4937484
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511