16 Winthrop LnFlagler 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 16 Winthrop Ln, Flagler Beach, FL, 32136 uses $59,637 cash to close to unlock $1,880/yr annual cash flow and $157/mo monthly cash flow. Total monthly income runs $1,351/mo, and a $881/mo payment keeps the spread at $157/mo. Purchase price stands at $179,900, and rental yield measures 9.01% with $1,351/mo rent. Return on cash invested shows 23.06% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 120.34% and total cumulative return in cash records $71,769. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,351/mo property income covering a $881/mo payment rather than investor’s personal income.
Manufactured
Built in 1998
N/A 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: Irma Reed • Four Star Homes, Inc.
Mls Name: My State MLS
Mls ID: #11609687