522 Rio GrandeEdgewaterFL32141
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 522 Rio Grande, Edgewater, FL, 32141 with 5% annual appreciation on a $119,800 basis while $920/mo rent supports operations. Total monthly income totals $920/mo and a $586/mo payment preserves $125/mo for cash returns. Annual cash flow comes to $1,504/yr on $39,714 deployed, and return on cash invested reaches 23.7% in year one. Equity gained on principal adds $773/yr, and five-year appreciation sums $33,099 alongside rental yield of 9.22%. Five-year ROI measures 123.84% and total cumulative return in cash totals $49,180.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $920/mo property income versus a $586/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1996
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices