2731 Silver Canoe 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 2731 Silver Canoe Dr, Edgewater, FL, 32141 generates $2,640/mo in rent and, after a $1,424/mo payment, leaves $549/mo in cash flow. Total monthly income is $2,640/mo, and annual cash flow is $6,590/yr on $96,463 invested. Return on cash invested sits at 26.74% in year one, and rental yield is 10.89% on a $290,990 entry. Equity gained on principal adds $1,878/yr, while 5% annual appreciation builds toward $80,395 over five years. Five-year ROI reaches 140.81% and total cumulative return in cash sums $135,831. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,640/mo property income rather than buyer’s personal income.
Townhouse
Built in 2024
2,253 sqft lot
$N/A/sqft
$160 monthly 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: Jay Love • D R HORTON REALTY OF CENTRAL FLORIDA LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6211703
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