53 Claremount DrFlagler BeachFL32136
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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 Flagler Beach at 53 Claremount Dr, Flagler Beach, FL, 32136 priced at $137,000 converts $1,053/mo rent into $143/mo cash flow after a $671/mo obligation. Total monthly income equals $1,053/mo, and annual cash flow totals $1,721/yr on $45,416 invested. Return on cash invested prints 23.7% in year one, and rental yield reads 9.22% against a $137,000 entry. Equity gained on principal adds $884/yr, while 5% annual appreciation compiles into $37,851 by year five. Five-year ROI reaches 123.8% and total cumulative return in cash sums $56,224. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,053/mo property income covering a $671/mo payment, not borrower’s personal income.
Manufactured
Built in 1998
N/A 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
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Listed by: Irma Reed • Four Star Homes, Inc.
Mls Name: NY State MLS
Mls ID: #11458745