6 Slatington PlPalm CoastFL32164
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 6 Slatington Pl, Palm Coast, FL, 32164 in Palm Coast hard to pass up. The 11.78% gross yield on a $439,000 purchase results in $4,310/mo in rent and $1,397/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.18). Annual cash flow of $16,765, five-year appreciation of $121,288, and $4,043/yr in equity build-up combine for a projected total cumulative return of $257,232.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 6.0% |
| Monthly Cash Flow | $1,397 | $500 |
City averages based on Palm Coast market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,310 |
| Total Monthly Debt Service | $2,739 |
| DSCR Ratio | 1.57x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 2005
10,106 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
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
Multi Family
Built in 2005
10,106 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices