Iris Plan, Flagler EstatesHastingsFL32145
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.38% yield at Iris Plan, Flagler Estates, Hastings, FL, 32145 in Hastings is solid, but the $1,392/mo payment compresses net cash flow to $107/mo at $309,500. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $85,509 by year five, and $2,851/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.72) without U.S. income documentation. Total projected return: $140,152.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.0% |
| Monthly Cash Flow | $107 | $1,500 |
City averages based on Hastings market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,399 |
| Total Monthly Debt Service | $1,931 |
| DSCR Ratio | 1.24x |
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 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32145, Hastings, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,693 (100%) |
| Owner Occupied HU | 2,077 (77.1%) |
| Renter Occupied HU | 352 (13.1%) |
| Vacant Housing Units | 264 ( 9.8%) |
| Median Home Value | $216,616 |
| Average Home Value | $310,785 |
Housing Distribution
Address Breakdown
Residential
2,347
Single Family
2,347
Multi-Family
0
Businesses
110
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 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32145, Hastings, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,693 (100%) |
| Owner Occupied HU | 2,077 (77.1%) |
| Renter Occupied HU | 352 (13.1%) |
| Vacant Housing Units | 264 ( 9.8%) |
| Median Home Value | $216,616 |
| Average Home Value | $310,785 |
Housing Distribution
Address Breakdown
Residential
2,347
Single Family
2,347
Multi-Family
0
Businesses
110
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
