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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 80 Surfview Dr APT 103, Palm Coast, FL, 32137 generates $3,907/mo in rent and, after a $2,399/mo payment, leaves $546/mo in cash flow. Total monthly income is $3,907/mo, and annual cash flow is $6,557/yr on $162,501 invested. Return on cash invested sits at 23.94% in year one, and rental yield is 9.56% on a $490,200 entry. Equity gained on principal adds $3,163/yr, while 5% annual appreciation builds toward $135,433 over five years. Five-year ROI reaches 125.36% and total cumulative return in cash sums $203,715. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,907/mo property income rather than buyer’s personal income.
Apartment
Built in 2003
0.57 Acres lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-08-01 | Listing removed | $525,000 |
| 2025-01-04 | Listed for sale | $525,000 |
| 2024-11-12 | Listing removed | $3,500 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-07 | $5655.76 | 4.57% | $374,160 | 10.00% |
| 2023-09-07 | $5408.39 | 14.87% | $340,145 | 10.00% |
| 2022-09-07 | $4708.16 | 12.72% | $309,223 | 10.00% |
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Facts & Features
General Information
- Type: Apartment
- Year Built: 2003
- Architectural Style: N/A
- Building Area: N/A
- Living Area: 1,600 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air
- Cooling: Central Air
- Flooring: Hardwood
- Interior Features: N/A
- Exterior Features: Heating system: Forced Air
- Parking Features: Attached
Location
- City: Palm Coast
- Subdivision: N/A
- Lot Size: 0.57 Acres
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: Pool
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A