60 Surfview Dr APT 819Palm 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
Rental property for sale in Palm Coast at 60 Surfview Dr APT 819, Palm Coast, FL, 32137 priced at $759,900 converts $2,188/mo rent into after a $3,719/mo obligation. Total monthly income equals $2,188/mo. Return on cash invested prints 2.18% in year one, and rental yield reads 3.46% against a $759,900 entry. Equity gained on principal adds $4,904/yr, while 5% annual appreciation compiles into $209,946 by year five. Five-year ROI reaches 9.84% and total cumulative return in cash sums $24,606. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,188/mo property income covering a $3,719/mo payment, not borrower’s personal income.
Condo
Built in 2004
0.47 Acres lot
$N/A/sqft
$871 monthly 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: KATHY SOMMER • OCEAN CITY REALTY LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #FC303272
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. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511