Drexel Plan, Coastal CommunitiesEdgewaterFL32141
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 Drexel Plan, Coastal Communities, Edgewater, FL, 32141 at $396,390 posts ROI 20.44% with $59/mo cash flow from $2,689/mo rent. Total monthly income equals $2,689/mo, and annual cash flow records $703/yr on $131,403 to close. Return on cash invested measures 20.44% and rental yield reads 8.14% at the current $396,390. Equity gained on principal adds $2,558/yr, and 5% annual appreciation supports $109,515 by year five. Five-year ROI prints 106.31% and total cumulative return in cash totals $139,690.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,689/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
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
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