323 Mariners Gate 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 323 Mariners Gate Dr, Edgewater, FL, 32141 with 5% annual appreciation on a $429,000 basis while $3,344/mo rent supports operations. Total monthly income totals $3,344/mo and a $2,100/mo payment preserves $307/mo for cash returns. Annual cash flow comes to $3,683/yr on $142,214 deployed, and return on cash invested reaches 22.5% in year one. Equity gained on principal adds $2,768/yr, and five-year appreciation sums $118,525 alongside rental yield of 9.35%. Five-year ROI measures 117.89% and total cumulative return in cash totals $167,653.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,344/mo property income versus a $2,100/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
8,712 sqft lot
$N/A/sqft
$524 annually 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: Steve Jones • The Barnett Group Inc.
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1208927
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.