40 Secretariat LnFlagler 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 40 Secretariat Ln, Flagler Beach, FL, 32136 generates $7,153/mo in rent, after a $7,097/mo payment. Total monthly income is $7,153/mo. Return on cash invested sits at 13.58% in year one, and rental yield is 5.92% on a $1,450,000 entry. Equity gained on principal adds $9,357/yr, while 5% annual appreciation builds toward $400,608 over five years. Five-year ROI reaches 69.56% and total cumulative return in cash sums $326,805. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,153/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
5.20 Acres lot
$N/A/sqft
$571 quarterly 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: Amber Morgan • Keller Williams Realty Florida Partners
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1204842
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.