3600 S Ocean Shore Blvd APT 317Flagler 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 3600 S Ocean Shore Blvd APT 317, Flagler Beach, FL, 32136 uses $53,007 cash to close to unlock $3,854/yr annual cash flow and $321/mo monthly cash flow. Total monthly income runs $2,108/mo, and a $783/mo payment keeps the spread at $321/mo. Purchase price stands at $159,900, and rental yield measures 15.82% with $2,108/mo rent. Return on cash invested shows 27.18% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 148.45% and total cumulative return in cash records $78,690. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,108/mo property income covering a $783/mo payment rather than investor’s personal income.
Condo
Built in 1984
716 sqft lot
$N/A/sqft
$577 monthly 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: Melanie Provencher • THE SELBY GROUP, INC.
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #FC309614
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511