223 Redbud RdPalm CoastFL32137
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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 Palm Coast at 223 Redbud Rd, Palm Coast, FL, 32137 uses $91,491 cash to close to unlock $10,168/yr annual cash flow and $847/mo monthly cash flow. Total monthly income runs $2,754/mo, and a $1,351/mo payment keeps the spread at $847/mo. Purchase price stands at $275,990, and rental yield measures 11.97% with $2,754/mo rent. Return on cash invested shows 31.02% in year one, and 5% annual appreciation builds toward $76,251 over five years. Five-year ROI reaches 163.4% and total cumulative return in cash records $149,494. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,754/mo property income covering a $1,351/mo payment rather than investor’s personal income.
Townhouse
Built in N/A
2,178 sqft lot
$N/A/sqft
$225 quarterly 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
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Listed by: Charlie Rogers • D R Horton
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1211257
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.