45 E DIAMOND DrivePalm 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
Rental property for sale in Palm Coast at 45 E DIAMOND Drive, Palm Coast, FL, 32164 priced at $400,000 converts $2,682/mo rent into $27/mo cash flow after a $1,958/mo obligation. Total monthly income equals $2,682/mo, and annual cash flow totals $328/yr on $132,600 invested. Return on cash invested prints 20.16% in year one, and rental yield reads 8.05% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 104.78% and total cumulative return in cash sums $138,940. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,682/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 2003
10,018 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: CORINNE DIANE DICKMAN • GAILEY ENTERPRISES LLC
Mls Name: realMLS
Mls Provider:
Mls ID: #2093321
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. Data is deemed reliable but is not guaranteed accurate by realMLS.