18 Edward DrPalm CoastFL32164
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 Palm Coast at 18 Edward Dr, Palm Coast, FL, 32164 priced at $339,900 converts $3,130/mo rent into $874/mo cash flow after a $1,664/mo obligation. Total monthly income equals $3,130/mo, and annual cash flow totals $10,488/yr on $112,677 invested. Return on cash invested prints 29.22% in year one, and rental yield reads 11.05% against a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation compiles into $93,908 by year five. Five-year ROI reaches 153.39% and total cumulative return in cash sums $172,835. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,130/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 2002
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32164, Palm Coast, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,679 (100%) |
| Owner Occupied HU | 17,771 (72.0%) |
| Renter Occupied HU | 5,317 (21.5%) |
| Vacant Housing Units | 1,591 ( 6.4%) |
| Median Home Value | $340,253 |
| Average Home Value | $375,313 |
Housing Distribution
Address Breakdown
Residential
24,759
Single Family
23,933
Multi-Family
826
Businesses
406
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Listed by: Kathy Aparo-Griffin • Aparo-Griffin Properties
Mls Name: DBAMLS
Mls ID: #1217962