11 Ethel LnPalm 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 Ethel Ln, Palm Coast, FL, 32164 uses $92,820 cash to close to unlock $268/yr annual cash flow and $22/mo monthly cash flow. Total monthly income runs $1,880/mo, and a $1,370/mo payment keeps the spread at $22/mo. Purchase price stands at $280,000, and rental yield measures 8.06% with $1,880/mo rent. Return on cash invested shows 20.2% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 105% and total cumulative return in cash records $97,461. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,880/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 2002
0.28 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
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Listed by: Tammy Shaver • REDFIN CORPORATION
Mls Name: Stellar MLS
Mls ID: #O6364614