3407 Vista Palm DrEdgewaterFL32141
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 3407 Vista Palm Dr, Edgewater, FL, 32141 priced at $194,000 converts $2,363/mo rent into $1,075/mo cash flow after a $950/mo obligation. Total monthly income equals $2,363/mo, and annual cash flow totals $12,901/yr on $64,311 invested. Return on cash invested prints 39.97% in year one, and rental yield reads 14.62% against a $194,000 entry. Equity gained on principal adds $1,252/yr, while 5% annual appreciation compiles into $53,599 by year five. Five-year ROI reaches 211.09% and total cumulative return in cash sums $135,752. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,363/mo property income covering a $950/mo payment, not borrower’s personal income.
Single Family
Built in 1984
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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Listed by: Elliott Hagood • HOME & FAMILY RE & PROP. MGMT
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #NS1085357
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