2450 N Ocean Shore Blvd UNIT 113Flagler BeachFL32136
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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
Total monthly income runs $3,965/mo, and a $3,377/mo payment. Purchase price stands at $689,900, and rental yield measures 6.9% with $3,965/mo rent. Return on cash invested shows 16.82% in year one, and 5% annual appreciation builds toward $190,607 over five years. Five-year ROI reaches 86.82% and total cumulative return in cash records $197,065. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,965/mo property income covering a $3,377/mo payment rather than investor’s personal income.
Condo
Built in 2007
8,712 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
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Listed by: Charlie Stout • Ted Rugg & Associates LLC
Mls Name: DBAMLS
Mls ID: #1212829