105 Spoonbill DrPalm CoastFL32164
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
Rental property for sale in Palm Coast at 105 Spoonbill Dr, Palm Coast, FL, 32164 priced at $482,000 converts $2,877/mo rent into after a $2,359/mo obligation. Total monthly income equals $2,877/mo. Return on cash invested prints 17.49% in year one, and rental yield reads 7.16% against a $482,000 entry. Equity gained on principal adds $3,110/yr, while 5% annual appreciation compiles into $133,168 by year five. Five-year ROI reaches 90.49% and total cumulative return in cash sums $144,584. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,877/mo property income covering a $2,359/mo payment, not borrower’s personal income.
Single Family
Built in 2014
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32164, Palm Coast, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,679 (100%) |
| Owner Occupied HU | 17,771 (72.0%) |
| Renter Occupied HU | 5,317 (21.5%) |
| Vacant Housing Units | 1,591 ( 6.4%) |
| Median Home Value | $340,253 |
| Average Home Value | $375,313 |
Housing Distribution
Address Breakdown
Residential
24,759
Single Family
23,933
Multi-Family
826
Businesses
406
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Beth McCain • LIVIN PARADISE REALTY LLC
Mls Name: Stellar MLS
Mls ID: #FC310577