31 Ararat DrPalm 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 31 Ararat Dr, Palm Coast, FL, 32137 with 5% annual appreciation on a $359,990 basis while $3,146/mo rent supports operations. Total monthly income totals $3,146/mo and a $1,762/mo payment preserves $557/mo for cash returns. Annual cash flow comes to $6,684/yr on $119,337 deployed, and return on cash invested reaches 25.51% in year one. Equity gained on principal adds $2,323/yr, and five-year appreciation sums $99,459 alongside rental yield of 10.49%. Five-year ROI measures 134.23% and total cumulative return in cash totals $160,182.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,146/mo property income versus a $1,762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
$200 monthly 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: Lucia Eich • Take Action Properties LLC
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1203103
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. Information is deemed reliable but not guaranteed.