22 Burning Wick PlPalm 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 22 Burning Wick Pl, Palm Coast, FL, 32137 earns $219/mo cash flow from $3,566/mo rent with a $2,469/mo payment. Total monthly income totals $3,566/mo, and annual cash flow totals $2,622/yr on $165,948 capital. ROI tracks 21.64% on current figures, and rental yield reads 8.48% at a $504,400 purchase. Equity gained on principal adds $3,255/yr, and 5% annual appreciation supports $139,356 over five years. Five-year ROI reaches 112.7% and total cumulative return in cash sums $187,017. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,566/mo property income instead of your personal income.
Single Family
Built in 2000
10,759 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Wald • FOUNDERS REALTY GROUP
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #OM687267
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511