1635 S Flagler AveFlagler BeachFL32136
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
Rental property for sale in Flagler Beach at 1635 S Flagler Ave, Flagler Beach, FL, 32136 priced at $371,596 converts $3,480/mo rent into $772/mo cash flow after a $1,819/mo obligation. Total monthly income equals $3,480/mo, and annual cash flow totals $9,267/yr on $123,184 invested. Return on cash invested prints 27.43% in year one, and rental yield reads 11.24% against a $371,596 entry. Equity gained on principal adds $2,398/yr, while 5% annual appreciation compiles into $102,665 by year five. Five-year ROI reaches 144.64% and total cumulative return in cash sums $178,178. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,480/mo property income covering a $1,819/mo payment, not borrower’s personal income.
Single Family
Built in 1989
7,679 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A