23 Salisbury CtPalm 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
Rental property for sale in Palm Coast at 23 Salisbury Ct, Palm Coast, FL, 32137 offers $2,208/mo rent that, after a $829/mo payment, leaves $1,079/mo cash flow. Total monthly income is $2,208/mo, and annual cash flow is $12,954/yr on $56,123 cash. Return on cash invested measures 42.99% in year one, and rental yield stands at 15.65% at a $169,300 entry. Equity gained on principal adds $1,092/yr while 5% annual appreciation compounds into $46,774 by year five. Five-year ROI records 227.27% and total cumulative return in cash reaches $127,553. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,208/mo property income versus a $829/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1986
1,075 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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A