21 PERSEUS AvenueFlagler BeachFL32136
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 21 PERSEUS Avenue, Flagler Beach, FL, 32136 in Flagler Beach speaks for itself: 10.56% gross on a $449,990 price, generating $3,960/mo in rent and $834/mo in net income after the $2,133/mo debt service. DSCR 1.86, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,005 stacks alongside $124,324 in projected five-year appreciation and $3,772/yr in principal reduction. Projected total cumulative return: $217,358.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 8.0% |
| Monthly Cash Flow | $834 | $450 |
City averages based on Flagler Beach market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,960 |
| Total Monthly Debt Service | $3,057 |
| DSCR Ratio | 1.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2027
6,098 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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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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: realMLS
Mls Provider:
Mls ID: #2168251
