Pros & Cons of 35 Brockton Ln, Palm Coast, FL 32137

Investing in real estate can be a lucrative opportunity, and this property presents a compelling case for potential investors. With a recent renovation, this 3-bedroom, 2-bathroom home boasts a new roof and a spacious backyard, ideal for future enhancements like a pool. Located in the desirable Indian Trails area of Palm Coast, it offers quick access to shopping, dining, and a highly-regarded school zone, making it attractive for families. However, while the property shows promise with a solid cash flow and a favorable cap rate, investors should also consider the ongoing costs and market conditions that could impact long-term returns.

Weighing the Investment Potential

In conclusion, this property offers a mix of attractive financial metrics that could appeal to savvy investors. With a cap rate of 7.9% and a cash on cash return of 5.5%, the potential for solid returns is evident. However, the monthly cash flow of $244 and the risks associated with market fluctuations should not be overlooked. Investors must carefully consider both the positive aspects, such as the desirable location and lack of HOA fees, and the potential downsides, including ongoing maintenance costs and economic uncertainties. Overall, this property could be a worthwhile addition to an investment portfolio, but due diligence is essential before making a commitment.