For real estate investors, understanding cash on cash return (COC) is crucial to maximizing profits and minimizing risks. In Palm Coast, the market is ripe with opportunities that boast impressive COC figures, making it an attractive destination for savvy investors. For instance, a manufactured home recently listed at $149,990 offers a staggering 70.2% COC, while single-family homes are also showing promising returns, with one property priced at $250,000 yielding a 14.0% COC.
This article will delve into the lucrative real estate deals available in Palm Coast, highlighting properties with high cash on cash returns and other compelling data points. By analyzing these figures, investors can identify the best opportunities to enhance their portfolios.
Understanding which data points matter most—such as cash flow, cap rate, and net operating income (NOI)—is essential for making informed investment decisions. With the right insights, investors can navigate the Palm Coast market effectively and capitalize on its potential.
Did you know that Palm Coast is one of the fastest-growing cities in Florida, with a population increase of over 20% in the last decade? This growth trend further enhances the investment potential in the area.
| 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 |
| 28 Raeland Ln, Palm Coast, FL 32164 | Palm Coast, FL | Single Family | 2.7% | $309,900 | $1,960 | $1,823 | $1,867 | 7.2% | $137 | 13.2 | 1.2 | $1,544 | $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 | -2.7% | $450,000 | $2,443 | $2,647 | $2,308 | 6.2% | -$204 | 15.3 | 1.0 | $2,242 | $270 | $0 | $135 |
| 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 |
| 10 BIG HORN Drive, Palm Coast, FL 32137 | Palm Coast, FL | Single Family | -11.3% | $550,000 | $2,204 | $3,236 | $2,039 | 4.4% | -$1,032 | 20.8 | 0.7 | $2,741 | $330 | $0 | $165 |
| 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 |
| 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 stands out due to its exceptional cash on cash return of 70.2%. Located in a desirable area, it offers a competitive rental price of $2,638, ensuring a strong cash flow of $1,754. With a cap rate of 20.7%, this property is a solid investment for those looking to maximize their returns.
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 offers a cash on cash return of 14.8%, making it a viable option for investors. With a rental income of $2,414 and a cap rate of 9.7%, it provides a steady cash flow of $707. The property’s location and appeal make it a strong contender in the Palm Coast market.
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 single-family home features a cash on cash return of 14.0% and a cap rate of 9.6%. With a rental income of $2,066, it generates a cash flow of $582. Its strategic location in Palm Coast enhances its investment potential.
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 Palm Coast 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 properties listed have favorable GRM and DSCR values, indicating a strong potential for positive cash flow and manageable risk.
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, by reducing insurance costs on the manufactured home, an investor could see an increase in cash flow, further improving the overall return on investment.
Investing in condos versus single-family homes each 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.
Palm Coast presents a wealth of investment opportunities with properties that boast high cash flow and strong cap rates. The standout features of the listed properties highlight the city's potential for real estate investors. Don’t miss out on these high-return properties—contact us today for more information or to sign up for real-time updates on investment opportunities in Palm Coast!
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