1244 S Ocean Shore BlvdFlagler BeachFL32136
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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 Flagler Beach at 1244 S Ocean Shore Blvd, Flagler Beach, FL, 32136 earns from $3,150/mo rent with a $5,873/mo payment. Total monthly income totals $3,150/mo. ROI tracks 5.51% on current figures, and rental yield reads 3.15% at a $1,200,000 purchase. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 over five years. Five-year ROI reaches 26.15% and total cumulative return in cash sums $101,663. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,150/mo property income instead of your personal income.
Single Family
Built in 1972
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32136, Flagler Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,295 (100%) |
| Owner Occupied HU | 4,052 (64.4%) |
| Renter Occupied HU | 788 (12.5%) |
| Vacant Housing Units | 1,455 (23.1%) |
| Median Home Value | $506,713 |
| Average Home Value | $557,530 |
Housing Distribution
Address Breakdown
Residential
5,004
Single Family
4,677
Multi-Family
327
Businesses
427
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Listed by: Fred Ferrara • Kokomo Realty LLC
Mls Name: DBAMLS
Mls ID: #1215356