3123 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 3123 Tamarind Dr, Edgewater, FL, 32141 with 5% annual appreciation on a $228,900 basis while $2,478/mo rent supports operations. Total monthly income totals $2,478/mo and a $1,120/mo payment preserves $959/mo for cash returns. Annual cash flow comes to $11,512/yr on $75,880 deployed, and return on cash invested reaches 35.08% in year one. Equity gained on principal adds $1,477/yr, and five-year appreciation sums $63,241 alongside rental yield of 12.99%. Five-year ROI measures 184.82% and total cumulative return in cash totals $140,241.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,478/mo property income versus a $1,120/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
N/A 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: Rachel Kaufman • Real Broker LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11800604
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.