7 Evanston LnPalm 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
Rental property for sale in Palm Coast at 7 Evanston Ln, Palm Coast, FL, 32164 priced at $609,900 converts $2,692/mo rent into after a $2,985/mo obligation. Total monthly income equals $2,692/mo. Return on cash invested prints 11.96% in year one, and rental yield reads 5.3% against a $609,900 entry. Equity gained on principal adds $3,936/yr, while 5% annual appreciation compiles into $168,504 by year five. Five-year ROI reaches 60.75% and total cumulative return in cash sums $121,896. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,692/mo property income covering a $2,985/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A 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: Janet Geddings • Signature Homes Realty Group
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1200783
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.