116 Whispering Pine Dr #42Palm 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
Rental property for sale in Palm Coast at 116 Whispering Pine Dr #42, Palm Coast, FL, 32164 generates $2,394/mo in rent and, after a $1,675/mo payment, leaves $123/mo in cash flow. Total monthly income is $2,394/mo, and annual cash flow is $1,476/yr on $113,434 invested. Return on cash invested sits at 21.21% in year one, and rental yield is 8.4% on a $342,184 entry. Equity gained on principal adds $2,208/yr, while 5% annual appreciation builds toward $94,539 over five years. Five-year ROI reaches 110.45% and total cumulative return in cash sums $125,288. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,394/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.31 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: Gretta Akellino • K HOVNANIAN FLORIDA REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6253250
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511