For real estate investors, understanding cash on cash return (COC) is crucial to maximizing profits and minimizing risks. In Flagler Beach, the investment landscape is ripe with opportunities that boast impressive COC figures. For instance, a manufactured home can yield a staggering 70.2% cash on cash return, while single-family homes in the area are also showing promising returns of 14.8% and 14.0%. This article will delve into these lucrative deals in Flagler Beach, highlighting not only their high cash on cash returns but also other attractive data characteristics that can guide investors in making informed decisions.
Why does this matter? The right data can empower investors to identify the most profitable opportunities, ensuring that every dollar invested works harder. With insights into pricing, rental income, and net operating income (NOI), investors can strategically position themselves in the market. Did you know that Florida's real estate market has consistently ranked among the top states for investment returns? Join us as we explore the potential that Flagler Beach holds for savvy investors.
| View Property | Location | Type | Cash on Cash | Price | Rent | Total Payment | NOI | Cap Rate | Cash Flow | GRM | DSCR | P&I | Tax | HOA Fees | Insurance |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sign up for a free account to view this property's address and details. | Flagler Beach, FL | Manufactured | 70.2% | $149,990 | $2,638 | $884 | $2,593 | 20.7% | $1,754 | 4.7 | 3.5 | $749 | $90 | $0 | $45 |
| Sign up for a free account to view this property's address and details. | Palm Coast, FL | Single Family | 14.8% | $287,500 | $2,414 | $1,707 | $2,328 | 9.7% | $707 | 9.9 | 1.6 | $1,448 | $173 | $0 | $86 |
| Sign up for a free account to view this property's address and details. | Palm Coast, FL | Single Family | 14.0% | $250,000 | $2,066 | $1,484 | $1,991 | 9.6% | $582 | 10.1 | 1.6 | $1,259 | $150 | $0 | $75 |
| 17 Claridge Ct S, Palm Coast, FL 32137 | Palm Coast, FL | Single Family | 4.9% | $419,900 | $2,833 | $2,492 | $2,707 | 7.7% | $341 | 12.4 | 1.3 | $2,114 | $252 | $0 | $126 |
| 78 Whippoorwill Dr, Palm Coast, FL 32164 | Palm Coast, FL | Single Family | 3.2% | $270,000 | $1,748 | $1,603 | $1,667 | 7.4% | $145 | 12.9 | 1.2 | $1,360 | $162 | $0 | $81 |
| 50 Ararat Dr, Palm Coast, FL 32137 | Palm Coast, FL | Single Family | 2.8% | $387,990 | $2,502 | $2,320 | $2,369 | 7.3% | $182 | 12.9 | 1.2 | $1,954 | $233 | $17 | $116 |
| 43 San Jose Cir, Ormond Beach, FL 32176 | Ormond Beach, FL | Single Family | 2.5% | $399,900 | $2,545 | $2,377 | $2,425 | 7.3% | $168 | 13.1 | 1.2 | $2,014 | $243 | $0 | $120 |
| 28 Raeland Ln, Palm Coast, FL 32164 | Palm Coast, FL | Single Family | 2.3% | $309,900 | $1,960 | $1,840 | $1,867 | 7.2% | $120 | 13.2 | 1.2 | $1,561 | $186 | $0 | $93 |
| 22 Felter Ln, Palm Coast, FL 32137 | Palm Coast, FL | Single Family | 1.2% | $349,000 | $2,139 | $2,071 | $2,034 | 7.0% | $68 | 13.6 | 1.2 | $1,757 | $209 | $0 | $105 |
| 64 Bressler Ln, Palm Coast, FL 32137 | Palm Coast, FL | Single Family | 0.1% | $339,900 | $2,022 | $2,018 | $1,920 | 6.8% | $4 | 14.0 | 1.1 | $1,712 | $204 | $0 | $102 |
| 337 Wellington Dr, Palm Coast, FL 32164 | Palm Coast, FL | Single Family | -3.0% | $450,000 | $2,443 | $2,671 | $2,308 | 6.2% | -$228 | 15.3 | 1.0 | $2,266 | $270 | $0 | $135 |
| 37 N Sea Island Dr, Ormond Beach, FL 32176 | Ormond Beach, FL | Single Family | -5.1% | $545,000 | $2,777 | $3,240 | $2,613 | 5.8% | -$463 | 16.4 | 1.0 | $2,744 | $332 | $0 | $164 |
| 6 Eagle Crest Path, Palm Coast, FL 32164 | Palm Coast, FL | Single Family | -6.2% | $399,000 | $1,953 | $2,368 | $1,833 | 5.5% | -$415 | 17.0 | 0.9 | $2,009 | $239 | $0 | $120 |
| 17 Unimay Ct, Palm Coast, FL 32164 | Palm Coast, FL | Single Family | -6.3% | $499,000 | $2,437 | $2,962 | $2,287 | 5.5% | -$525 | 17.1 | 0.9 | $2,513 | $299 | $0 | $150 |
| 54 Fieldstone Ln, Palm Coast, FL 32137 | Palm Coast, FL | Single Family | -6.4% | $399,900 | $1,950 | $2,374 | $1,830 | 5.5% | -$424 | 17.1 | 0.9 | $2,014 | $240 | $0 | $120 |
| 621 Elk River Dr, Ormond Beach, FL 32174 | Ormond Beach, FL | Single Family | -8.0% | $649,500 | $3,057 | $3,925 | $2,769 | 5.1% | -$868 | 17.7 | 0.9 | $3,247 | $390 | $93 | $195 |
| 63 Perrotti Ln, Palm Coast, FL 32164 | Palm Coast, FL | Single Family | -11.3% | $559,900 | $2,269 | $3,323 | $2,101 | 4.5% | -$1,054 | 20.6 | 0.7 | $2,819 | $336 | $0 | $168 |
| 3 Cypresswood Dr N, Palm Coast, FL 32137 | Palm Coast, FL | Single Family | -11.3% | $1,239,500 | $5,280 | $7,619 | $4,744 | 4.6% | -$2,339 | 19.6 | 0.7 | $6,339 | $744 | $164 | $372 |
| 10 BIG HORN Drive, Palm Coast, FL 32137 | Palm Coast, FL | Single Family | -11.6% | $550,000 | $2,204 | $3,265 | $2,039 | 4.4% | -$1,061 | 20.8 | 0.7 | $2,770 | $330 | $0 | $165 |
| 228 Yacht Harbor Dr, Palm Coast, FL 32137 | Palm Coast, FL | Single Family | -16.3% | $1,999,000 | $6,751 | $12,190 | $5,984 | 3.6% | -$5,439 | 24.7 | 0.6 | $10,224 | $1,199 | $167 | $600 |
Cash on Cash Return: 70.2%
Price: $149,990
Rent: $2,638
Total Payment: $884
Cap Rate: 20.7%
Cash Flow: $1,754
GRM: 4.7
DSCR: 3.5
Location: White Feather Ln, Flagler Beach
Last Updated: 12/16/2024
First Seen: 12/16/2024
This manufactured home on White Feather Ln stands out due to its impressive cash on cash return of 70.2%. With a cap rate of 20.7%, this property generates a strong cash flow of $1,754 monthly. Its location in Flagler Beach offers a desirable living environment, making it an attractive option for renters. The low total payment of $884 further enhances its investment appeal.
Cash on Cash Return: 14.8%
Price: $287,500
Rent: $2,414
Total Payment: $1,707
Cap Rate: 9.7%
Cash Flow: $707
GRM: 9.9
DSCR: 1.6
Location: Cooper Ln, Palm Coast
Last Updated: 12/16/2024
First Seen: 12/16/2024
This single-family home on Cooper Ln offers a solid cash on cash return of 14.8% and a cap rate of 9.7%. With a monthly cash flow of $707, it provides a reliable income stream for investors. The property is situated in a family-friendly neighborhood, enhancing its rental potential and long-term appreciation prospects.
Cash on Cash Return: 14.0%
Price: $250,000
Rent: $2,066
Total Payment: $1,484
Cap Rate: 9.6%
Cash Flow: $582
GRM: 10.1
DSCR: 1.6
Location: Powder Hill Ln, Palm Coast
Last Updated: 12/16/2024
First Seen: 12/16/2024
This property on Powder Hill Ln is another excellent investment opportunity, featuring a cash on cash return of 14.0% and a cap rate of 9.6%. With a cash flow of $582, it remains a viable option for investors looking for rental properties in Flagler Beach. Its competitive pricing and location make it a strong contender in the market.
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 properties listed above are not only profitable but also align with investor goals in Flagler Beach.
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 manufactured home on White Feather Ln has a GRM of 4.7 and a DSCR of 3.5, indicating a strong capacity to generate income and cover expenses.
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 single-family home on Cooper Ln reduces its total payment by $200 through cost-saving measures, its cash flow would increase, making it an even more attractive investment.
Investing in condos versus single-family homes presents different advantages. Condos may offer lower maintenance costs and higher cash flow potential, while single-family homes often appreciate more over time. The properties listed demonstrate that both types can yield strong returns, depending on the investor's strategy and market conditions.
With its high cash flow properties and strong cap rates, Flagler Beach stands out as an excellent choice for real estate investors. The featured properties showcase the potential for significant returns, making it a market worth exploring. Don't miss out on these high-return investment opportunities—contact us today for more information or to sign up for real-time updates on the best cash on cash return properties in Flagler Beach!