16 Ararat DrPalm CoastFL32137
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 16 Ararat Dr, Palm Coast, FL, 32137 at $386,990 posts ROI 21.08% with $125/mo cash flow from $2,693/mo rent. Total monthly income equals $2,693/mo, and annual cash flow records $1,500/yr on $128,287 to close. Return on cash invested measures 21.08% and rental yield reads 8.35% at the current $386,990. Equity gained on principal adds $2,497/yr, and 5% annual appreciation supports $106,918 by year five. Five-year ROI prints 109.68% and total cumulative return in cash totals $140,711.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,693/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimber Harding • Meritage Homes
Mls Name: Meritage Homes
Mls Provider:
Mls ID: #N/A