404 Adele St,Edgewater,FL,32132

Investment Highlights

Investment property for sale in Edgewater at 404 Adele St, Edgewater, FL, 32132 offers a 10.38% rental yield on a $254,000 purchase with $2,197/mo rent. Total monthly income registers $2,197/mo, and a $1,243/mo payment leaves $512/mo available for distribution. Annual cash flow reaches $6,139/yr on $84,201 to close, and return on cash invested stands at 27.2% in year one. Equity gained on principal adds $1,639/yr while 5% annual appreciation supports $70,176 over five years. Portfolio math shows five-year ROI at 142.54% and total cumulative return in cash at $120,018. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,197/mo property income against a $1,243/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.