42 Ryapple Ln UNIT SPalm 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
Investment property for sale in Palm Coast at 42 Ryapple Ln UNIT S, Palm Coast, FL, 32164 offers a 9.24% rental yield on a $448,000 purchase with $3,450/mo rent. Total monthly income registers $3,450/mo, and a $2,193/mo payment leaves $477/mo available for distribution. Annual cash flow reaches $5,721/yr on $148,512 to close, and return on cash invested stands at 23.76% in year one. Equity gained on principal adds $2,891/yr while 5% annual appreciation supports $123,774 over five years. Portfolio math shows five-year ROI at 124.09% and total cumulative return in cash at $184,286. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,450/mo property income against a $2,193/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2021
10,454 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: Lisa Leath • SUNCOAST PROPERTY MANAGEMENT L
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #OM679518
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