51 OCONEE DrivePalm CoastFL32137
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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 51 OCONEE Drive, Palm Coast, FL, 32137 priced at $420,990 pairs $3,210/mo rent with $399/mo cash flow after a $2,061/mo payment. Total monthly income equals $3,210/mo, and annual cash flow comes to $4,789/yr on $139,558 invested. Return on cash invested is 23.34% in year one, and rental yield stands at 9.15% on a $420,990 basis. Equity gained on principal adds $2,717/yr, and 5% annual appreciation accumulates to $116,312 by year five. Five-year ROI measures 121.91% and total cumulative return in cash reaches $170,142. For financing, Ziffy Mortgage’s DSCR program evaluates $3,210/mo property income against a $2,061/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
6,098 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32137, Palm Coast, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,467 (100%) |
| Owner Occupied HU | 19,087 (69.5%) |
| Renter Occupied HU | 3,907 (14.2%) |
| Vacant Housing Units | 4,473 (16.3%) |
| Median Home Value | $435,185 |
| Average Home Value | $505,930 |
Housing Distribution
Address Breakdown
Residential
25,250
Single Family
23,758
Multi-Family
1,492
Businesses
1,011
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Listed by: MICHELLE M CAMPBELL • TAYLOR MORRISON REALTY OF FLA
Mls Name: realMLS
Mls Provider:
Mls ID: #2031124
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.