2 Tobias 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 2 Tobias Ln, Flagler Beach, FL, 32136 at $120,000 posts ROI 23.65% with $124/mo cash flow from $920/mo rent. Total monthly income equals $920/mo, and annual cash flow records $1,488/yr on $39,780 to close. Return on cash invested measures 23.65% and rental yield reads 9.2% at the current $120,000. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 by year five. Five-year ROI prints 123.49% and total cumulative return in cash totals $49,123.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $920/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2003
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: Angela Morningstar • Plantation Oaks Homes Sales
Mls Name: My State MLS
Mls ID: #11604269