358 Edge AveValparaisoFL32580
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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
Total monthly income runs $1,915/mo, and a $1,689/mo payment. Purchase price stands at $345,000, and rental yield measures 6.66% with $1,915/mo rent. Return on cash invested shows 15.98% in year one, and 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 82.37% and total cumulative return in cash records $94,204. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,915/mo property income covering a $1,689/mo payment rather than investor’s personal income.
Single Family
Built in 1954
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32580, Valparaiso, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,009 (100%) |
| Owner Occupied HU | 1,275 (63.5%) |
| Renter Occupied HU | 603 (30.0%) |
| Vacant Housing Units | 131 ( 6.5%) |
| Median Home Value | $402,423 |
| Average Home Value | $495,335 |
Housing Distribution
Address Breakdown
Residential
1,990
Single Family
1,974
Multi-Family
16
Businesses
227
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Listed by: Joy E Haik • HomeSmart Sunshine Realty
Mls Name: ECAOR
Mls ID: #989770