23 N RIVERWALK DrivePalm 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 23 N RIVERWALK Drive, Palm Coast, FL, 32137 with 5% annual appreciation on a $1,245,000 basis while $3,274/mo rent supports operations. 53% in year one. Equity gained on principal adds $8,034/yr, and five-year appreciation sums $343,971 alongside rental yield of 3.16%. Five-year ROI measures 26.24% and total cumulative return in cash totals $105,844. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,274/mo property income versus a $6,094/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
10,454 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
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Listed by: ASHLEY STOVER • FLORIDA HOMES REALTY & MTG LLC
Mls Name: realMLS
Mls ID: #2122755