Nika Plan, The Conservatory at Hammock BeachPalm 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 Nika Plan, The Conservatory at Hammock Beach, Palm Coast, FL, 32137 priced at $635,900 converts $3,000/mo rent into after a $3,112/mo obligation. Total monthly income equals $3,000/mo. Return on cash invested prints 13.07% in year one, and rental yield reads 5.66% against a $635,900 entry. Equity gained on principal adds $4,103/yr, while 5% annual appreciation compiles into $175,687 by year five. Five-year ROI reaches 66.71% and total cumulative return in cash sums $139,563. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,000/mo property income covering a $3,112/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No 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: N/A • ICI Homes
Mls Name: ICI Homes
Mls ID: #N/A