694 Coral Trace BlvdEdgewaterFL32132
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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 694 Coral Trace Blvd, Edgewater, FL, 32132 uses $116,008 cash to close to unlock $3,498/yr annual cash flow and $292/mo monthly cash flow. Total monthly income runs $2,785/mo, and a $1,713/mo payment keeps the spread at $292/mo. Purchase price stands at $349,950, and rental yield measures 9.55% with $2,785/mo rent. Return on cash invested shows 22.92% in year one, and 5% annual appreciation builds toward $96,685 over five years. Five-year ROI reaches 120.25% and total cumulative return in cash records $139,498. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,785/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 2006
6,098 sqft lot
$N/A/sqft
$171 monthly HOA
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Listed by: Dayanis Purucker • Oceans Luxury Realty Full Service LLC
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1209309
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