3309 N Ocean Shore BlvdFlagler 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 $3,410/mo, and a $7,807/mo payment. Purchase price stands at $1,595,000, and rental yield measures 2.57% with $3,410/mo rent. Return on cash invested shows 3.71% in year one, and 5% annual appreciation builds toward $440,669 over five years. Five-year ROI reaches 16.48% and total cumulative return in cash records $85,157. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,410/mo property income covering a $7,807/mo payment rather than investor’s personal income.
Single Family
Built in 2008
4,356 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: Deana Frechette • Simply Real Estate
Mls Name: DBAMLS
Mls ID: #1222127