350 Redbud RdPalm 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 350 Redbud Rd, Palm Coast, FL, 32137 earns $1,040/mo cash flow from $2,754/mo rent with a $1,209/mo payment. Total monthly income totals $2,754/mo, and annual cash flow totals $12,478/yr on $81,877 capital. ROI tracks 35.15% on current figures, and rental yield reads 13.38% at a $246,990 purchase. Equity gained on principal adds $1,594/yr, and 5% annual appreciation supports $68,239 over five years. Five-year ROI reaches 185.53% and total cumulative return in cash sums $151,909. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,754/mo property income instead of your personal income.
Townhouse
Built in 2024
1,742 sqft lot
$N/A/sqft
$225 quarterly 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: Charlie Rogers, Jr • DR Horton Real Estate
Mls Name: St Augustine St Johns County BOR
Mls Provider:
Mls ID: #245976
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. 2024 St Augustine & St. Johns County Board of REALTORS. All rights reserved.