56 Ryecliffe DrPalm 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
Investment property for sale in Palm Coast at 56 Ryecliffe Dr, Palm Coast, FL, 32164 offers a 9.11% rental yield on a $339,000 purchase with $2,573/mo rent. Total monthly income registers $2,573/mo, and a $1,659/mo payment leaves $324/mo available for distribution. Annual cash flow reaches $3,883/yr on $112,379 to close, and return on cash invested stands at 23.36% in year one. Equity gained on principal adds $2,188/yr while 5% annual appreciation supports $93,659 over five years. Portfolio math shows five-year ROI at 121.97% and total cumulative return in cash at $137,068. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,573/mo property income against a $1,659/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
10,454 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: Charles A Ottley • RE/MAX Signature
Mls Name: DBAMLS
Mls ID: #1220699