3 Menorca WayPalm 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 3 Menorca Way, Palm Coast, FL, 32137 listed at $1,000,000 pairs $4,749/mo rent with a $4,895/mo payment. Total monthly income runs $4,749/mo. Return on cash invested measures 13.18% in year one, and rental yield registers 5.7% at a $1,000,000 basis. Equity gained on principal adds $6,453/yr, and annual property appreciation at 5% supports $276,282 by year five. Five-year ROI tracks 67.29% and total cumulative return in cash totals $221,392. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,749/mo property income relative to a $4,895/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
6,098 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: Lauren Mcpherson • Parkside Realty Group
Mls Name: St Augustine St Johns County BOR
Mls ID: #254043