370 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
Rental property for sale in Valparaiso at 370 Edge Ave, Valparaiso, FL, 32580 priced at $369,900 pairs $2,340/mo rent with after a $1,810/mo payment. Total monthly income equals $2,340/mo. Return on cash invested is 18.79% in year one, and rental yield stands at 7.59% on a $369,900 basis. Equity gained on principal adds $2,387/yr, and 5% annual appreciation accumulates to $102,197 by year five. Five-year ROI measures 97.43% and total cumulative return in cash reaches $119,470. For financing, Ziffy Mortgage’s DSCR program evaluates $2,340/mo property income against a $1,810/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
0.26 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: Lake H Lutes • EXP Realty LLC
Mls Name: ECAOR
Mls ID: #990254