38 Matanzas Cove DrPalm CoastFL32137
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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
Investment property for sale in Palm Coast at 38 Matanzas Cove Dr, Palm Coast, FL, 32137 at $402,600 posts ROI 20.91% with $111/mo cash flow from $2,918/mo rent. Total monthly income equals $2,918/mo, and annual cash flow records $1,330/yr on $133,462 to close. Return on cash invested measures 20.91% and rental yield reads 8.7% at the current $402,600. Equity gained on principal adds $2,598/yr, and 5% annual appreciation supports $111,231 by year five. Five-year ROI prints 109.2% and total cumulative return in cash totals $145,744.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,918/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
N/A lot
$N/A/sqft
$135 monthly 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: April Wagner • SeaGate Homes
Mls Name: SeaGate Homes
Mls Provider:
Mls ID: #N/A