222 Ocean Palm DrFlagler 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
Investment property for sale in Flagler Beach at 222 Ocean Palm Dr, Flagler Beach, FL, 32136 earns $117/mo cash flow from $3,694/mo rent with a $2,638/mo payment. Total monthly income totals $3,694/mo, and annual cash flow totals $1,407/yr on $177,331 capital. ROI tracks 20.85% on current figures, and rental yield reads 8.22% at a $539,000 purchase. Equity gained on principal adds $3,478/yr, and 5% annual appreciation supports $148,916 over five years. Five-year ROI reaches 108.48% and total cumulative return in cash sums $192,372. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,694/mo property income instead of your personal income.
Single Family
Built in 1974
9,583 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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Listed by: Steven Tornelli • Surfside Properties & Management
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1208724
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.