151 Lookout DrFlagler 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
Rental property for sale in Flagler Beach at 151 Lookout Dr, Flagler Beach, FL, 32136 priced at $209,400 pairs $2,338/mo rent with $948/mo cash flow after a $1,025/mo payment. Total monthly income equals $2,338/mo, and annual cash flow comes to $11,379/yr on $69,416 invested. Return on cash invested is 36.3% in year one, and rental yield stands at 13.4% on a $209,400 basis. Equity gained on principal adds $1,351/yr, and 5% annual appreciation accumulates to $57,853 by year five. Five-year ROI measures 191.4% and total cumulative return in cash reaches $132,859. For financing, Ziffy Mortgage’s DSCR program evaluates $2,338/mo property income against a $1,025/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1982
3,484 sqft 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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