2127 N OCEAN SHORE BoulevardFlagler 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
Rental property for sale in Flagler Beach at 2127 N OCEAN SHORE Boulevard, Flagler Beach, FL, 32136 priced at $428,000 converts $2,544/mo rent into after a $2,095/mo obligation. Total monthly income equals $2,544/mo. Return on cash invested prints 6.24% in year one, and rental yield reads 7.13% against a $428,000 entry. Equity gained on principal adds $2,762/yr, while 5% annual appreciation compiles into $118,249 by year five. Five-year ROI reaches 34.17% and total cumulative return in cash sums $48,479. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,544/mo property income covering a $2,095/mo payment, not borrower’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$3,000 quarterly 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 MARIE LANDRAU • MARK SPAIN REAL ESTATE
Mls Name: realMLS
Mls Provider:
Mls ID: #2094596
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. Data is deemed reliable but is not guaranteed accurate by realMLS.