400 Cinnamon Beach Way UNIT 351Palm CoastFL32164
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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
Total monthly income runs $2,347/mo, and a $4,136/mo payment. Purchase price stands at $845,000, and rental yield measures 3.33% with $2,347/mo rent. Return on cash invested shows -4.15% in year one, and 5% annual appreciation builds toward $233,458 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,347/mo property income covering a $4,136/mo payment rather than investor’s personal income.
Condo
Built in 2005
0.30 Acres lot
$N/A/sqft
$2,349 monthly 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: Eduardo Padron • BERKSHIRE HATHAWAY HOMESERVICE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #FC308491
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