3638 S Central AveFlagler 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
Rental property for sale in Flagler Beach at 3638 S Central Ave, Flagler Beach, FL, 32136 priced at $348,500 converts $2,874/mo rent into $476/mo cash flow after a $1,706/mo obligation. Total monthly income equals $2,874/mo, and annual cash flow totals $5,712/yr on $115,528 invested. Return on cash invested prints 24.85% in year one, and rental yield reads 9.9% against a $348,500 entry. Equity gained on principal adds $2,249/yr, while 5% annual appreciation compiles into $96,284 by year five. Five-year ROI reaches 130.31% and total cumulative return in cash sums $150,539. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,874/mo property income covering a $1,706/mo payment, not borrower’s personal income.
Townhouse
Built in 1986
218 sqft lot
$N/A/sqft
$85 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: BJ Patton • KELLER WILLIAMS RLTY FL. PARTN
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #FC302370
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