11 Eric DrPalm CoastFL32164
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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 Palm Coast at 11 Eric Dr, Palm Coast, FL, 32164 earns $190/mo cash flow from $2,439/mo rent with a $1,659/mo payment. Total monthly income totals $2,439/mo, and annual cash flow totals $2,275/yr on $112,379 capital. ROI tracks 21.93% on current figures, and rental yield reads 8.63% at a $339,000 purchase. Equity gained on principal adds $2,188/yr, and 5% annual appreciation supports $93,659 over five years. Five-year ROI reaches 114.29% and total cumulative return in cash sums $128,440. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,439/mo property income instead of your personal income.
Single Family
Built in 2022
10,000 sqft 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
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Listed by: Lauren McPherson • PARKSIDE REALTY GROUP
Mls Name: Stellar MLS
Mls ID: #FC314205