4630 Nellie StEdgewaterFL32141
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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 4630 Nellie St, Edgewater, FL, 32141 generates $1,809/mo in rent and, after a $1,072/mo payment, leaves $354/mo in cash flow. Total monthly income is $1,809/mo, and annual cash flow is $4,242/yr on $72,599 invested. Return on cash invested sits at 25.75% in year one, and rental yield is 9.91% on a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 134.81% and total cumulative return in cash sums $97,869. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,809/mo property income rather than buyer’s personal income.
Manufactured
Built in 1998
7,405 sqft lot
$N/A/sqft
$25 annually 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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Listed by: Terri Hewitt • Century 21 Sundance Realty
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1215196
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.