37 Packard LnPalm CoastFL32164
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Palm Coast at 37 Packard Ln, Palm Coast, FL, 32164 priced at $331,990 converts $2,269/mo rent into $66/mo cash flow after a $1,625/mo obligation. Total monthly income equals $2,269/mo, and annual cash flow totals $789/yr on $110,055 invested. Return on cash invested prints 20.63% in year one, and rental yield reads 8.2% against a $331,990 entry. Equity gained on principal adds $2,142/yr, while 5% annual appreciation compiles into $91,723 by year five. Five-year ROI reaches 107.28% and total cumulative return in cash sums $118,067. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,269/mo property income covering a $1,625/mo payment, not borrower’s personal income.
Single Family
Built in 2025
10,310 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32164, Palm Coast, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,679 (100%) |
| Owner Occupied HU | 17,771 (72.0%) |
| Renter Occupied HU | 5,317 (21.5%) |
| Vacant Housing Units | 1,591 ( 6.4%) |
| Median Home Value | $340,253 |
| Average Home Value | $375,313 |
Housing Distribution
Address Breakdown
Residential
24,759
Single Family
23,933
Multi-Family
826
Businesses
406
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Listed by: Richard Fadil • HOLIDAY BUILDERS GULF COAST
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #C7509196
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