405 Adele StEdgewaterFL32132
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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 Edgewater at 405 Adele St, Edgewater, FL, 32132 priced at $229,900 converts $1,582/mo rent into after a $1,125/mo obligation. Total monthly income equals $1,582/mo. Return on cash invested prints 18.81% in year one, and rental yield reads 8.26% against a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,517 by year five. Five-year ROI reaches 98.3% and total cumulative return in cash sums $74,915. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,582/mo property income covering a $1,125/mo payment, not borrower’s personal income.
Single Family
Built in 1977
6,300 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Geraldine Westfall Adams • Simply Real Estate
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1211503
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