3651 S Central Ave UNIT 101Flagler 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 3651 S Central Ave UNIT 101, Flagler Beach, FL, 32136 offers a 7.48% rental yield on a $499,950 purchase with $3,116/mo rent. 76% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,127 over five years. Portfolio math shows five-year ROI at 47.14% and total cumulative return in cash at $78,124. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,116/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2002
1,837 sqft lot
$N/A/sqft
$1,000 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: Marcus Brown • OPEN HOME REALTY, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6297008
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