5 Ocean Palm Villa N #5Flagler BeachFL32136
Nearby investment properties with comparable rents
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
Rental property for sale in Flagler Beach at 5 Ocean Palm Villa N #5, Flagler Beach, FL, 32136 offers $1,837/mo rent that, after a $1,268/mo payment, leaves $118/mo cash flow. Total monthly income is $1,837/mo, and annual cash flow is $1,415/yr on $85,859 cash. Return on cash invested measures 21.56% in year one, and rental yield stands at 8.51% at a $259,000 entry. Equity gained on principal adds $1,671/yr while 5% annual appreciation compounds into $71,557 by year five. Five-year ROI records 112.26% and total cumulative return in cash reaches $96,388. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,837/mo property income versus a $1,268/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1979
967 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Teresa Mercurio • TEAM 100 REALTY
Mls Name: Stellar MLS
Mls ID: #FC309728