28 OCONEE 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
Rental property for sale in Palm Coast at 28 OCONEE Drive, Palm Coast, FL, 32137 priced at $363,900 converts $4,003/mo rent into $1,572/mo cash flow after a $1,781/mo obligation. Total monthly income equals $4,003/mo, and annual cash flow totals $18,858/yr on $120,633 invested. Return on cash invested prints 35.54% in year one, and rental yield reads 13.2% against a $363,900 entry. Equity gained on principal adds $2,348/yr, while 5% annual appreciation compiles into $100,539 by year five. Five-year ROI reaches 187.33% and total cumulative return in cash sums $225,982. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,003/mo property income covering a $1,781/mo payment, not borrower’s personal income.
Single Family
Built in 2024
7,405 sqft lot
$N/A/sqft
$200 annually 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: KATIE JEANNE BROWN • US REALTY HUB
Mls Name: realMLS
Mls Provider:
Mls ID: #2041481
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by realMLS.