2713 Needle 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 2713 Needle Palm Dr, Edgewater, FL, 32141 priced at $327,000 pairs $2,372/mo rent with $201/mo cash flow after a $1,601/mo payment. Total monthly income equals $2,372/mo, and annual cash flow comes to $2,418/yr on $108,401 invested. Return on cash invested is 22.14% in year one, and rental yield stands at 8.7% on a $327,000 basis. Equity gained on principal adds $2,110/yr, and 5% annual appreciation accumulates to $90,344 by year five. Five-year ROI measures 115.41% and total cumulative return in cash reaches $125,105. For financing, Ziffy Mortgage’s DSCR program evaluates $2,372/mo property income against a $1,601/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
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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