701 Helmsman 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
Rental property for sale in Edgewater at 701 Helmsman Ln, Edgewater, FL, 32141 generates $1,980/mo in rent and, after a $1,302/mo payment, leaves $215/mo in cash flow. Total monthly income is $1,980/mo, and annual cash flow is $2,577/yr on $88,179 invested. Return on cash invested sits at 22.83% in year one, and rental yield is 8.93% on a $265,999 entry. Equity gained on principal adds $1,716/yr, while 5% annual appreciation builds toward $73,491 over five years. Five-year ROI reaches 119.1% and total cumulative return in cash sums $105,017. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,980/mo property income rather than buyer’s personal income.
Manufactured
Built in 1990
6,382 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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