228 Starboard Dr #228Flagler BeachFL32136
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 Flagler Beach at 228 Starboard Dr #228, Flagler Beach, FL, 32136 earns $146/mo cash flow from $876/mo rent with a $538/mo payment. Total monthly income totals $876/mo, and annual cash flow totals $1,757/yr on $36,465 capital. ROI tracks 24.73% on current figures, and rental yield reads 9.56% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 129.33% and total cumulative return in cash sums $47,160. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $876/mo property income instead of your personal income.
Condo
Built in N/A
2,955 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberley Hall • STILES REAL ESTATE CO.
Mls Name: Stellar MLS
Mls ID: #FC312713