34 Lewis DrPalm CoastFL32137
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 34 Lewis Dr, Palm Coast, FL, 32137 in Palm Coast at $377,990 earns $2,536/mo in rent and nets $27/mo after the $1,700/mo payment, a 8.05% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $104,432 over five years. Ziffy Mortgage underwrites this on a 1.49 DSCR without U.S. credit history. With $3,481/yr in principal paydown, total projected return reaches $145,842.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.0% |
| Monthly Cash Flow | $27 | $500 |
City averages based on Palm Coast market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,536 |
| Total Monthly Debt Service | $2,358 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
10,019 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2025
10,019 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ann Richter • INB REALTY LLC
Mls Name: Stellar MLS
Mls ID: #O6359159