For real estate investors, understanding cash on cash return (COC) is crucial for maximizing profits and making informed investment decisions. In Edgewater, the potential for lucrative returns is evident, with recent deals showcasing impressive COC figures. For instance, a manufactured home recently sold for $140,000, boasting a remarkable COC of 63.1%, while a single-family home at $145,000 offers a solid 54.4% COC. These figures highlight the vibrant investment landscape in Edgewater, where smart investors can uncover opportunities that yield substantial cash flow.
This article will delve into the most promising real estate deals in Edgewater, focusing on properties with high cash on cash returns and other attractive data characteristics. By analyzing these deals, investors can identify lucrative opportunities that align with their financial goals.
Understanding key data points such as price, rent, and cash flow is essential for making informed decisions in the real estate market. With the right insights, investors can navigate the Edgewater market effectively, ensuring they capitalize on the best investment opportunities available.
Did you know that Edgewater is home to some of the most affordable real estate options in Florida, making it an attractive destination for both new and seasoned investors?
| View Property | Location | Type | Cash on Cash | Price | Rent | Total Payment | NOI | Cap Rate | Cash Flow | GRM | DSCR | P&I | Tax | HOA Fees | Insurance |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sign up for a free account to view this property's address and details. | Pt Orange, FL | Manufactured | 63.1% | $140,000 | $2,311 | $838 | $2,269 | 19.4% | $1,473 | 5.0 | 3.2 | $711 | $85 | $0 | $42 |
| Sign up for a free account to view this property's address and details. | Edgewater, FL | Single Family | 54.4% | $145,000 | $2,183 | $868 | $2,139 | 17.7% | $1,315 | 5.5 | 2.9 | $736 | $88 | $0 | $44 |
| Sign up for a free account to view this property's address and details. | Edgewater, FL | Single Family | 36.2% | $225,000 | $2,706 | $1,347 | $2,638 | 14.1% | $1,359 | 6.9 | 2.3 | $1,142 | $137 | $0 | $68 |
| Sign up for a free account to view this property's address and details. | Port Orange, FL | Single Family | 33.7% | $262,800 | $3,036 | $1,562 | $2,957 | 13.5% | $1,474 | 7.2 | 2.2 | $1,323 | $160 | $0 | $79 |
| Sign up for a free account to view this property's address and details. | New Smyrna Beach, FL | Single Family | 28.2% | $209,900 | $2,244 | $1,257 | $2,181 | 12.5% | $987 | 7.8 | 2.0 | $1,066 | $128 | $0 | $63 |
| Sign up for a free account to view this property's address and details. | Oak Hill, FL | Manufactured | 23.5% | $130,000 | $1,287 | $778 | $1,248 | 11.5% | $509 | 8.4 | 1.9 | $660 | $79 | $0 | $39 |
| Sign up for a free account to view this property's address and details. | Port Orange, FL | Townhouse | 17.1% | $249,900 | $2,484 | $1,773 | $2,132 | 10.2% | $711 | 8.4 | 1.7 | $1,269 | $152 | $277 | $75 |
| Sign up for a free account to view this property's address and details. | Edgewater, FL | Single Family | 13.3% | $300,000 | $2,448 | $1,785 | $2,358 | 9.4% | $663 | 10.2 | 1.6 | $1,512 | $183 | $0 | $90 |
| 218 Volco Rd, Edgewater, FL 32141 | Edgewater, FL | Manufactured | 8.5% | $229,000 | $1,696 | $1,371 | $1,627 | 8.5% | $325 | 11.3 | 1.4 | $1,163 | $139 | $0 | $69 |
| 1972 Pioneer Trl, New Smyrna Beach, FL 32168 | New Smyrna Beach, FL | Single Family | 5.8% | $220,000 | $1,529 | $1,317 | $1,463 | 8.0% | $212 | 12.0 | 1.3 | $1,117 | $134 | $0 | $66 |
| 5743 Sweetwater Blvd, Port Orange, FL 32127 | Port Orange, FL | Single Family | 4.6% | $665,000 | $4,415 | $3,901 | $4,215 | 7.6% | $514 | 12.6 | 1.3 | $3,296 | $405 | $0 | $200 |
| 2018 Umbrella Tree Dr, Edgewater, FL 32141 | Edgewater, FL | Single Family | 4.4% | $315,000 | $2,107 | $1,875 | $2,012 | 7.7% | $232 | 12.5 | 1.3 | $1,588 | $192 | $0 | $95 |
| 2730 Woodland Dr, Edgewater, FL 32141 | Edgewater, FL | Single Family | 4.2% | $309,900 | $2,062 | $1,843 | $1,969 | 7.6% | $219 | 12.5 | 1.3 | $1,561 | $189 | $0 | $93 |
| 1105 Plover Pl, New Smyrna Beach, FL 32168 | New Smyrna Beach, FL | Single Family | 2.1% | $299,900 | $1,888 | $1,784 | $1,798 | 7.2% | $104 | 13.2 | 1.2 | $1,512 | $182 | $0 | $90 |
| 660 Branch Dr, Port Orange, FL 32127 | Port Orange, FL | Single Family | 0.6% | $430,000 | $2,600 | $2,556 | $2,471 | 6.9% | $44 | 13.8 | 1.1 | $2,165 | $262 | $0 | $129 |
| 956 Tall Pine Dr, Port Orange, FL 32127 | Port Orange, FL | Single Family | -0.4% | $389,000 | $2,288 | $2,315 | $2,171 | 6.7% | -$27 | 14.2 | 1.1 | $1,961 | $237 | $0 | $117 |
| 915 Maple St, New Smyrna Beach, FL 32169 | New Smyrna Beach, FL | Single Family | -1.0% | $950,000 | $5,415 | $5,572 | $5,130 | 6.5% | -$157 | 14.6 | 1.1 | $4,709 | $578 | $0 | $285 |
| 4619 Barnacle Dr, Port Orange, FL 32127 | Port Orange, FL | Single Family | -1.7% | $319,900 | $1,831 | $1,921 | $1,718 | 6.4% | -$90 | 14.6 | 1.1 | $1,613 | $195 | $17 | $96 |
| 3011 Trubs Trce, New Smyrna Beach, FL 32168 | New Smyrna Beach, FL | Single Family | -1.8% | $379,900 | $2,193 | $2,310 | $2,029 | 6.4% | -$117 | 14.4 | 1.1 | $1,915 | $231 | $50 | $114 |
| 383 Leoni St, New Smyrna Beach, FL 32168 | New Smyrna Beach, FL | Single Family | -2.2% | $649,900 | $3,644 | $3,887 | $3,374 | 6.2% | -$243 | 14.9 | 1.0 | $3,222 | $395 | $75 | $195 |
| 5935 Brandon Ln, Port Orange, FL 32127 | Port Orange, FL | Single Family | -2.7% | $480,000 | $2,644 | $2,856 | $2,500 | 6.3% | -$212 | 15.1 | 1.0 | $2,420 | $292 | $0 | $144 |
| 6028 Whispering Trees Ln, Pt Orange, FL 32128 | Pt Orange, FL | Single Family | -2.9% | $439,000 | $2,432 | $2,642 | $2,270 | 6.2% | -$210 | 15.0 | 1.0 | $2,213 | $267 | $30 | $132 |
| 6603 Mansour Ln, Port Orange, FL 32128 | Port Orange, FL | Single Family | -3.0% | $479,000 | $2,664 | $2,900 | $2,467 | 6.2% | -$236 | 15.0 | 1.0 | $2,412 | $291 | $53 | $144 |
| 803 E 11th Ave, New Smyrna Beach, FL 32169 | New Smyrna Beach, FL | Single Family | -3.7% | $825,000 | $4,327 | $4,840 | $4,079 | 5.9% | -$513 | 15.9 | 1.0 | $4,090 | $502 | $0 | $248 |
| 102 Hamilton Rd, Edgewater, FL 32132 | Edgewater, FL | Single Family | -4.3% | $345,000 | $1,804 | $2,051 | $1,700 | 5.9% | -$247 | 15.9 | 1.0 | $1,737 | $210 | $0 | $104 |
| 804 Sandpiper Ave, New Smyrna Beach, FL 32169 | New Smyrna Beach, FL | Single Family | -5.5% | $778,270 | $3,847 | $4,564 | $3,614 | 5.6% | -$717 | 16.9 | 0.9 | $3,858 | $473 | $0 | $233 |
| 6099 Red Stag Dr, Port Orange, FL 32128 | Port Orange, FL | Single Family | -7.6% | $539,900 | $2,564 | $3,245 | $2,366 | 5.3% | -$681 | 17.5 | 0.9 | $2,719 | $328 | $36 | $162 |
| 801 Sandpiper Ave, New Smyrna Beach, FL 32169 | New Smyrna Beach, FL | Single Family | -10.7% | $990,000 | $4,040 | $5,812 | $3,743 | 4.5% | -$1,772 | 20.4 | 0.8 | $4,913 | $602 | $0 | $297 |
| 622 Yupon Ave, New Smyrna Beach, FL 32169 | New Smyrna Beach, FL | Single Family | -11.2% | $825,000 | $3,302 | $4,840 | $3,054 | 4.4% | -$1,538 | 20.8 | 0.7 | $4,090 | $502 | $0 | $248 |
Type: Manufactured
Cash on Cash Return: 63.1%
Price: $140,000
Rent: $2,311
Total Payment: $838
Cap Rate: 19.4%
Cash Flow: $1,473
GRM: 5.0
DSCR: 3.2
Location: Greenway Drive
Last Updated: 12/14/2024
First Seen: 12/14/2024
This manufactured home on Greenway Drive stands out due to its impressive cash on cash return of 63.1%. With a cap rate of 19.4%, this property offers a strong cash flow of $1,473 monthly, making it an attractive option for investors seeking high returns. The location is ideal for renters, contributing to its consistent rental income.
Type: Single Family
Cash on Cash Return: 54.4%
Price: $145,000
Rent: $2,183
Total Payment: $868
Cap Rate: 17.7%
Cash Flow: $1,315
GRM: 5.5
DSCR: 2.9
Location: Silver Circle
Last Updated: 12/14/2024
First Seen: 12/14/2024
This single-family home on Silver Circle offers a cash on cash return of 54.4% and a cap rate of 17.7%. With a monthly cash flow of $1,315, this property is perfect for investors looking for reliable rental income. Its location is highly desirable, ensuring a steady stream of potential tenants.
Type: Single Family
Cash on Cash Return: 36.2%
Price: $225,000
Rent: $2,706
Total Payment: $1,347
Cap Rate: 14.1%
Cash Flow: $1,359
GRM: 6.9
DSCR: 2.3
Location: Beulah Drive
Last Updated: 12/14/2024
First Seen: 12/14/2024
This single-family home on Beulah Drive, priced at $225,000, provides a cash on cash return of 36.2% and a cap rate of 14.1%. With a cash flow of $1,359, it remains a solid investment choice. The property’s appeal lies in its spacious layout and proximity to local amenities, making it attractive to families.
Cash on cash return and cap rate are critical metrics for real estate investors. A high cash on cash return indicates that the property generates significant income relative to the investment made. Similarly, a strong cap rate reflects the property's ability to produce income compared to its value. These metrics suggest that the properties listed above are not only profitable but also represent sound investment choices in Edgewater.
The Gross Rent Multiplier (GRM) and Debt Service Coverage Ratio (DSCR) are essential tools for evaluating real estate investments. GRM helps investors understand how long it will take to recoup their investment through rental income, while DSCR measures the property’s ability to cover its debt obligations. For instance, the manufactured home on Greenway Drive has a GRM of 5.0 and a DSCR of 3.2, indicating a strong ability to generate income and cover expenses.
To increase rental income, consider property upgrades, adjusting rents to market rates, or targeting specific renter demographics. Additionally, minimizing operating costs through effective management of HOA fees, taxes, and insurance can significantly enhance cash flow. For example, if the single-family home on Silver Circle reduces its insurance costs by $100 monthly, the cash flow would increase by the same amount, improving overall profitability.
Investing in condos versus single-family homes presents different advantages. Condos often have lower maintenance costs and can provide higher cash flow due to lower purchase prices. However, single-family homes may offer better long-term appreciation and more stable rental income. The properties listed demonstrate that both types can yield strong returns, depending on the investor's strategy.
With its high cash flow properties and strong cap rates, Edgewater stands out as an excellent choice for real estate investors. The featured properties showcase the potential for significant returns, making them worthy of consideration. Don’t miss out on these investment opportunities—contact us today for more information or to sign up for real-time updates on high-return properties in Edgewater!