35 Village Drive #35Flagler 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
Investment property for sale in Flagler Beach at 35 Village Drive #35, Flagler Beach, FL, 32136 uses $74,521 cash to close to unlock $7,650/yr annual cash flow and $637/mo monthly cash flow. Total monthly income runs $2,129/mo, and a $1,100/mo payment keeps the spread at $637/mo. Purchase price stands at $224,800, and rental yield measures 11.36% with $2,129/mo rent. Return on cash invested shows 30.17% in year one, and 5% annual appreciation builds toward $62,108 over five years. Five-year ROI reaches 158.51% and total cumulative return in cash records $118,122. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,129/mo property income covering a $1,100/mo payment rather than investor’s personal income.
Townhouse
Built in 1989
871 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: Eric Perez Lopez • Scuttina Signature Real Estate Group, LLC
Mls Name: BeachesMLS
Mls ID: #RX-11135946