21 Collington CtPalm CoastFL32137
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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 Palm Coast at 21 Collington Ct, Palm Coast, FL, 32137 at $589,900 posts ROI 27.22% with $1,158/mo cash flow from $5,264/mo rent. Total monthly income equals $5,264/mo, and annual cash flow records $13,894/yr on $194,077 to close. Return on cash invested measures 27.22% and rental yield reads 10.71% at the current $589,900. Equity gained on principal adds $3,807/yr, and 5% annual appreciation supports $162,978 by year five. Five-year ROI prints 143.03% and total cumulative return in cash totals $277,581.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,264/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1988
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32137, Palm Coast, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,467 (100%) |
| Owner Occupied HU | 19,087 (69.5%) |
| Renter Occupied HU | 3,907 (14.2%) |
| Vacant Housing Units | 4,473 (16.3%) |
| Median Home Value | $435,185 |
| Average Home Value | $505,930 |
Housing Distribution
Address Breakdown
Residential
25,250
Single Family
23,758
Multi-Family
1,492
Businesses
1,011
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Listed by: Geraldine Westfall Adams • Simply Real Estate
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1203939
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.