18 Ocean Palm Villa N #18Flagler 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 18 Ocean Palm Villa N #18, Flagler Beach, FL, 32136 offers a 8.08% rental yield on a $249,900 purchase with $1,683/mo rent. Total monthly income registers $1,683/mo, and a $1,223/mo payment leaves $25/mo available for distribution. Annual cash flow reaches $297/yr on $82,842 to close, and return on cash invested stands at 20.27% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 105.36% and total cumulative return in cash at $87,278. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,683/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1979
965 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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Listed by: Julie Sabine • REALTY EXCHANGE, LLC
Mls Name: Stellar MLS
Mls ID: #FC311752