For real estate investors, understanding cash on cash return (COC) is crucial for maximizing profits and making informed investment decisions. In Bunnell, the market is ripe with opportunities that boast impressive COC figures, such as a single-family home yielding a remarkable 10.2% return on a purchase price of $369,900, generating a monthly rent of $2,822. Another attractive option is a property priced at $269,900, offering an 8.1% COC with a monthly rent of $1,964. These compelling data points highlight the potential for lucrative investments in the area.
This article will delve into the most promising real estate deals in Bunnell, showcasing properties with high cash on cash returns and other attractive characteristics. By analyzing these data points, investors can identify lucrative opportunities that align with their financial goals.
Understanding which metrics matter most—like cash flow, cap rate, and gross rent multiplier—can significantly assist investors in making informed decisions. With the right data at your fingertips, you can navigate the Bunnell real estate market with confidence and uncover the best investment opportunities.
Did you know that Florida's real estate market has seen a surge in demand, with home prices increasing by over 20% in the past year alone? This trend underscores the importance of acting quickly to secure profitable investments.
| View Property | Location | Type | Cash on Cash | Price | Rent | Total Payment | NOI | Cap Rate | Cash Flow | GRM | DSCR | P&I | Tax | HOA Fees | Insurance |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 62 Birchwood Dr, Palm Coast, FL 32137 | Palm Coast, FL | Single Family | 10.2% | $369,900 | $2,822 | $2,194 | $2,711 | 8.8% | $628 | 10.9 | 1.5 | $1,861 | $222 | $0 | $111 |
| 36 Wendover Ln, Palm Coast, FL 32164 | Palm Coast, FL | Single Family | 8.1% | $269,900 | $1,964 | $1,601 | $1,883 | 8.4% | $363 | 11.5 | 1.4 | $1,358 | $162 | $0 | $81 |
| 22 Palmyra Ln, Palm Coast, FL 32164 | Palm Coast, FL | Single Family | 5.7% | $299,900 | $2,062 | $1,779 | $1,972 | 7.9% | $283 | 12.1 | 1.3 | $1,509 | $180 | $0 | $90 |
| 35 Brockton Ln, Palm Coast, FL 32137 | Palm Coast, FL | Single Family | 5.5% | $265,000 | $1,816 | $1,572 | $1,736 | 7.9% | $244 | 12.2 | 1.3 | $1,333 | $159 | $0 | $80 |
| 14 Forsythe Ln, Palm Coast, FL 32137 | Palm Coast, FL | Single Family | 5.3% | $299,000 | $2,039 | $1,773 | $1,949 | 7.8% | $266 | 12.2 | 1.3 | $1,504 | $179 | $0 | $90 |
| 9 Reynolds Pl, Palm Coast, FL 32164 | Palm Coast, FL | Single Family | 4.0% | $299,900 | $1,980 | $1,779 | $1,890 | 7.6% | $201 | 12.6 | 1.3 | $1,509 | $180 | $0 | $90 |
| 78 Whippoorwill Dr, Palm Coast, FL 32164 | Palm Coast, FL | Single Family | 3.3% | $270,000 | $1,748 | $1,601 | $1,667 | 7.4% | $147 | 12.9 | 1.2 | $1,358 | $162 | $0 | $81 |
| 28 Raeland Ln, Palm Coast, FL 32164 | Palm Coast, FL | Single Family | 2.4% | $309,900 | $1,960 | $1,838 | $1,867 | 7.2% | $122 | 13.2 | 1.2 | $1,559 | $186 | $0 | $93 |
| 45 Ryecliffe Dr, Palm Coast, FL 32164 | Palm Coast, FL | Single Family | 1.2% | $289,000 | $1,772 | $1,714 | $1,685 | 7.0% | $58 | 13.6 | 1.2 | $1,454 | $173 | $0 | $87 |
| 64 Bressler Ln, Palm Coast, FL 32137 | Palm Coast, FL | Single Family | 0.1% | $339,900 | $2,022 | $2,016 | $1,920 | 6.8% | $6 | 14.0 | 1.1 | $1,710 | $204 | $0 | $102 |
| 4 Riviera Estates Dr, Palm Coast, FL 32164 | Palm Coast, FL | Single Family | -2.2% | $330,000 | $1,891 | $2,013 | $1,736 | 6.3% | -$122 | 14.5 | 1.0 | $1,660 | $198 | $56 | $99 |
| 4 Rymen Ln, Palm Coast, FL 32164 | Palm Coast, FL | Single Family | -2.4% | $359,990 | $1,989 | $2,135 | $1,881 | 6.3% | -$146 | 15.1 | 1.0 | $1,811 | $216 | $0 | $108 |
| 337 Wellington Dr, Palm Coast, FL 32164 | Palm Coast, FL | Single Family | -3.1% | $450,000 | $2,443 | $2,673 | $2,308 | 6.2% | -$230 | 15.3 | 1.0 | $2,268 | $270 | $0 | $135 |
| 52 BARRING Place, Palm Coast, FL 32137 | Palm Coast, FL | Single Family | -3.4% | $485,000 | $2,607 | $2,882 | $2,461 | 6.1% | -$275 | 15.5 | 1.0 | $2,445 | $291 | $0 | $146 |
| 6 Eagle Crest Path, Palm Coast, FL 32164 | Palm Coast, FL | Single Family | -6.2% | $399,000 | $1,953 | $2,366 | $1,833 | 5.5% | -$413 | 17.0 | 0.9 | $2,007 | $239 | $0 | $120 |
| 1 Essex Ln, Palm Coast, FL 32164 | Palm Coast, FL | Single Family | -9.8% | $445,900 | $1,920 | $2,650 | $1,786 | 4.8% | -$730 | 19.4 | 0.8 | $2,248 | $268 | $0 | $134 |
| 7 Eagle Crest Path, Palm Coast, FL 32164 | Palm Coast, FL | Single Family | -11.0% | $521,900 | $2,139 | $3,095 | $1,982 | 4.6% | -$956 | 20.3 | 0.8 | $2,625 | $313 | $0 | $157 |
| 10 BIG HORN Drive, Palm Coast, FL 32137 | Palm Coast, FL | Single Family | -11.5% | $550,000 | $2,204 | $3,262 | $2,039 | 4.4% | -$1,058 | 20.8 | 0.7 | $2,767 | $330 | $0 | $165 |
| 981 Old Haw Creek Rd, Bunnell, FL 32110 | Bunnell, FL | Single Family | -17.4% | $749,900 | $2,220 | $4,396 | $1,995 | 3.2% | -$2,176 | 28.1 | 0.5 | $3,721 | $450 | $0 | $225 |
Cash on Cash Return: 10.2%
Price: $369,900
Rent: $2,822
Total Payment: $2,194
Cap Rate: 8.8%
Cash Flow: $628
GRM: 10.9
DSCR: 1.5
Last Updated: 12/14/2024
First Seen: 12/14/2024
This single-family home on Birchwood Dr stands out due to its impressive cash on cash return of 10.2%. With a strong cap rate of 8.8%, this property generates a positive cash flow of $628 monthly. The location is ideal for families, making it a desirable rental option. Investors can expect consistent rental income, making this property a top choice for those seeking high cash flow properties in Bunnell.
Cash on Cash Return: 8.1%
Price: $269,900
Rent: $1,964
Total Payment: $1,601
Cap Rate: 8.4%
Cash Flow: $363
GRM: 11.5
DSCR: 1.4
Last Updated: 12/14/2024
First Seen: 12/14/2024
Located on Wendover Ln, this single-family home offers an attractive cash on cash return of 8.1%. With a cap rate of 8.4%, it provides a steady cash flow of $363 per month. The property is situated in a growing neighborhood, appealing to renters looking for quality housing. This investment is perfect for those searching for rental properties for sale in Bunnell.
Cash on Cash Return: 5.7%
Price: $299,900
Rent: $2,062
Total Payment: $1,779
Cap Rate: 7.9%
Cash Flow: $283
GRM: 12.1
DSCR: 1.3
Last Updated: 12/14/2024
First Seen: 12/14/2024
This property on Palmyra Ln, while offering a lower cash on cash return of 5.7%, still presents a solid investment opportunity with a cap rate of 7.9%. The cash flow of $283 per month makes it a viable option for investors. Its location in a desirable area enhances its rental potential, making it a good choice for those looking for cash flow properties in Bunnell.
Cash on cash return and cap rate are critical metrics for real estate investors. A high cash on cash return indicates that the property generates significant income relative to the investment made. Similarly, a strong cap rate reflects the property's ability to produce income compared to its value. These metrics suggest that the listed properties in Bunnell are not only profitable but also present a lower risk for investors.
The Gross Rent Multiplier (GRM) and Debt Service Coverage Ratio (DSCR) are essential tools for evaluating real estate investments. GRM helps investors understand how long it will take to recoup their investment through rental income, while DSCR measures the property’s ability to cover its debt obligations. For instance, the property on Birchwood Dr has a GRM of 10.9 and a DSCR of 1.5, indicating a strong ability to generate income and cover debt, making it a low-risk investment.
To increase rental income, consider property upgrades, adjusting rents to market rates, or targeting specific renter demographics. Additionally, minimizing operating costs through effective management of HOA fees, taxes, and insurance can significantly enhance cash flow. For example, if the property on Wendover Ln reduces its insurance costs by $50 per month, the cash flow would increase to $413, showcasing the impact of cost-saving measures.
Investing in condos versus single-family homes has its pros and cons. Condos may offer lower maintenance costs and higher cash flow potential, while single-family homes often appreciate better over time. The properties listed demonstrate that both types can yield strong returns, making them suitable for different investment strategies.
With its attractive investment properties and strong financial metrics, Bunnell stands out as an excellent choice for real estate investors. The properties highlighted offer high cash flow and solid cap rates, making them ideal for those looking to maximize their returns. Don’t miss out on these opportunities—contact us today for more information on these properties or to sign up for real-time updates on high-return investment properties in Bunnell!