4337 Indian River Dr WEdgewaterFL32141
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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
Investment property for sale in Edgewater at 4337 Indian River Dr W, Edgewater, FL, 32141 uses $58,013 cash to close to unlock $2,787/yr annual cash flow and $232/mo monthly cash flow. Total monthly income runs $1,394/mo, and a $857/mo payment keeps the spread at $232/mo. Purchase price stands at $175,000, and rental yield measures 9.56% with $1,394/mo rent. Return on cash invested shows 24.71% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 129.27% and total cumulative return in cash records $74,995. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,394/mo property income covering a $857/mo payment rather than investor’s personal income.
Manufactured
Built in 1988
4,791 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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