115 Riverview Bnd S UNIT 2112Palm CoastFL32137
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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
Total monthly income runs $3,413/mo, and a $2,912/mo payment. Purchase price stands at $595,000, and rental yield measures 6.88% with $3,413/mo rent. Return on cash invested shows 16.78% in year one, and 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 86.61% and total cumulative return in cash records $169,538. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,413/mo property income covering a $2,912/mo payment rather than investor’s personal income.
Condo
Built in 2006
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32137, Palm Coast, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,467 (100%) |
| Owner Occupied HU | 19,087 (69.5%) |
| Renter Occupied HU | 3,907 (14.2%) |
| Vacant Housing Units | 4,473 (16.3%) |
| Median Home Value | $435,185 |
| Average Home Value | $505,930 |
Housing Distribution
Address Breakdown
Residential
25,250
Single Family
23,758
Multi-Family
1,492
Businesses
1,011
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Listed by: Gwendolin Curley • ENGEL & VOLKERS NEW SMYRNA
Mls Name: Stellar MLS
Mls ID: #NS1086470