905 LAMBERT AvenueFlagler BeachFL32136
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 905 LAMBERT Avenue, Flagler Beach, FL, 32136 in Flagler Beach: $4,804/mo in rent, $357/mo in net income, 8.6% gross yield, 1.59 DSCR, all at $670,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $185,109 in appreciation and $6,171/yr in principal paydown projects total cumulative return of $278,403.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 8.0% |
| Monthly Cash Flow | $357 | $450 |
City averages based on Flagler Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,804 |
| Total Monthly Debt Service | $4,180 |
| DSCR Ratio | 1.15x |
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.
Single Family
Built in 1999
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32136, Flagler Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,295 (100%) |
| Owner Occupied HU | 4,052 (64.4%) |
| Renter Occupied HU | 788 (12.5%) |
| Vacant Housing Units | 1,455 (23.1%) |
| Median Home Value | $506,713 |
| Average Home Value | $557,530 |
Housing Distribution
Address Breakdown
Residential
5,004
Single Family
4,677
Multi-Family
327
Businesses
427
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
Single Family
Built in 1999
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32136, Flagler Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,295 (100%) |
| Owner Occupied HU | 4,052 (64.4%) |
| Renter Occupied HU | 788 (12.5%) |
| Vacant Housing Units | 1,455 (23.1%) |
| Median Home Value | $506,713 |
| Average Home Value | $557,530 |
Housing Distribution
Address Breakdown
Residential
5,004
Single Family
4,677
Multi-Family
327
Businesses
427
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DENISE FERNANDES • EXP REALTY LLC
Mls Name: realMLS
Mls ID: #2103194