53 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
Investment property for sale in Palm Coast at 53 OCONEE Drive, Palm Coast, FL, 32137 at $423,615 posts ROI 22.98% with $360/mo cash flow from $3,187/mo rent. Total monthly income equals $3,187/mo, and annual cash flow records $4,314/yr on $140,428 to close. Return on cash invested measures 22.98% and rental yield reads 9.03% at the current $423,615. Equity gained on principal adds $2,734/yr, and 5% annual appreciation supports $117,037 by year five. Five-year ROI prints 119.96% and total cumulative return in cash totals $168,458.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,187/mo property income rather than your personal income records (W2s, Paystubs, and 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: #2031119
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.