Pros & Cons of 78 Whippoorwill Dr, Palm Coast, FL 32164

This charming single-family home in Palm Coast presents a unique opportunity for real estate investors. With a competitive cash on cash return of 3.2% and a cap rate of 7.4%, this property offers solid financial potential. The monthly rent of $1,748 and a net operating income of $1,667 contribute to a positive cash flow of $145, making it an attractive option for those looking to expand their investment portfolio. However, potential investors should also consider the debt service coverage ratio of 1.2, which indicates a moderate level of risk. While the property boasts modern updates and a prime location near amenities and recreational options, it is essential to weigh these factors carefully before making a decision.

Weighing the Investment Potential

In conclusion, this property presents a balanced investment opportunity with both appealing financial metrics and some risks to consider. The strong cap rate and positive cash flow are significant advantages, especially for investors seeking reliable income. However, the moderate debt service coverage ratio and the relatively low cash on cash return suggest that investors should proceed with caution. Overall, this property could be a valuable addition to an investment portfolio, but thorough due diligence is essential. Don't miss out on the chance to explore this promising investment—schedule your showing today!