Iris Plan, Flagler EstatesHastingsFL32145
Nearby investment properties with comparable rents
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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 Hastings at Iris Plan, Flagler Estates, Hastings, FL, 32145 priced at $309,500 converts $2,399/mo rent into $345/mo cash flow after a $1,515/mo obligation. Total monthly income equals $2,399/mo, and annual cash flow totals $4,139/yr on $102,599 invested. Return on cash invested prints 23.94% in year one, and rental yield reads 9.3% against a $309,500 entry. Equity gained on principal adds $1,997/yr, while 5% annual appreciation compiles into $85,509 by year five. Five-year ROI reaches 125.06% and total cumulative return in cash sums $128,310. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,399/mo property income covering a $1,515/mo payment, not borrower’s personal income.
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
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