21 Ridge RdPalm CoastFL32137
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
Investment property for sale in Palm Coast at 21 Ridge Rd, Palm Coast, FL, 32137 offers a 7.8% rental yield on a $519,990 purchase with $3,380/mo rent. 6% in year one. Equity gained on principal adds $3,355/yr while 5% annual appreciation supports $143,664 over five years. Portfolio math shows five-year ROI at 86.77% and total cumulative return in cash at $148,436. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,380/mo property income against a $2,545/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
6,098 sqft lot
$N/A/sqft
$336 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joshua Henriquez • LPT Realty, LLC
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1215942
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.