24 Radcliffe DrPalm CoastFL32164
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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
Rental property for sale in Palm Coast at 24 Radcliffe Dr, Palm Coast, FL, 32164 generates $2,136/mo in rent and, after a $1,419/mo payment, leaves $212/mo in cash flow. Total monthly income is $2,136/mo, and annual cash flow is $2,543/yr on $96,135 invested. Return on cash invested sits at 22.55% in year one, and rental yield is 8.84% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 117.6% and total cumulative return in cash sums $113,056. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,136/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
10,062 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32164, Palm Coast, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,679 (100%) |
| Owner Occupied HU | 17,771 (72.0%) |
| Renter Occupied HU | 5,317 (21.5%) |
| Vacant Housing Units | 1,591 ( 6.4%) |
| Median Home Value | $340,253 |
| Average Home Value | $375,313 |
Housing Distribution
Address Breakdown
Residential
24,759
Single Family
23,933
Multi-Family
826
Businesses
406
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Listed by: Beth McCain • LIVIN PARADISE REALTY LLC
Mls Name: Stellar MLS
Mls ID: #FC312642