2 Winthrop LnFlagler 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 2 Winthrop Ln, Flagler Beach, FL, 32136 priced at $135,000 pairs $1,085/mo rent with $189/mo cash flow after a $661/mo payment. Total monthly income equals $1,085/mo, and annual cash flow comes to $2,266/yr on $44,753 invested. Return on cash invested is 24.97% in year one, and rental yield stands at 9.64% on a $135,000 basis. Equity gained on principal adds $871/yr, and 5% annual appreciation accumulates to $37,298 by year five. Five-year ROI measures 130.59% and total cumulative return in cash reaches $58,441. For financing, Ziffy Mortgage’s DSCR program evaluates $1,085/mo property income against a $661/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2000
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: Christine Locastro • Four Star Homes, Inc.
Mls Name: My State MLS
Mls ID: #11473997