504 Portside LnEdgewaterFL32141
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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 504 Portside Ln, Edgewater, FL, 32141 offers a 11.06% rental yield on a $259,000 purchase with $2,388/mo rent. Total monthly income registers $2,388/mo, and a $1,268/mo payment leaves $357/mo available for distribution. Annual cash flow reaches $4,287/yr on $85,859 to close, and return on cash invested stands at 24.9% in year one. Equity gained on principal adds $1,671/yr while 5% annual appreciation supports $71,557 over five years. Portfolio math shows five-year ROI at 131.83% and total cumulative return in cash at $113,188. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,388/mo property income against a $1,268/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1996
6,098 sqft lot
$N/A/sqft
$775 quarterly 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: Kristi Brown • ERA Grizzard Real Estate
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1215389
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.