6 Rymm PlacePalm CoastFL32164
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
Investment property for sale in Palm Coast at 6 Rymm Place, Palm Coast, FL, 32164 listed at $259,000 pairs $2,125/mo rent with a $1,268/mo payment to leave $406/mo cash flow. Total monthly income runs $2,125/mo, and annual cash flow reaches $4,871/yr on $85,859 cash to close. Return on cash invested measures 25.58% in year one, and rental yield registers 9.85% at a $259,000 basis. Equity gained on principal adds $1,671/yr, and annual property appreciation at 5% supports $71,557 by year five. Five-year ROI tracks 133.83% and total cumulative return in cash totals $114,904. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,125/mo property income relative to a $1,268/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.26 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brad Michael Myers • Look Realty
Mls Name: BeachesMLS
Mls ID: #RX-11123830