304 River Front WayEdgewaterFL32141
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 304 River Front Way, Edgewater, FL, 32141 priced at $240,000 pairs $2,018/mo rent with $167/mo cash flow after a $1,175/mo payment. Total monthly income equals $2,018/mo, and annual cash flow comes to $2,004/yr on $79,560 invested. Return on cash invested is 22.43% in year one, and rental yield stands at 10.09% on a $240,000 basis. Equity gained on principal adds $1,549/yr, and 5% annual appreciation accumulates to $66,308 by year five. Five-year ROI measures 118.34% and total cumulative return in cash reaches $94,154. For financing, Ziffy Mortgage’s DSCR program evaluates $2,018/mo property income against a $1,175/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2024
1,803 sqft lot
$N/A/sqft
$258 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: Michelle Campbell • TAYLOR MORRISON REALTY OF FLORIDA INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6243221
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