47 Rippling Brook Dr · Palm Coast, FL 32164

$265,000

3 bd · 2.0 ba · 1,323 sqft · SingleFamily public records · 4 Days on market

Built 1997 10,019 sqft lot Est $282k · 6% under

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +12.8/30.0
• ARV discount +10.2/15.0
• Schools +4.6/10.0
• DSCR +3.8/10.0
• Livability +3.5/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• 1% rule +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks

Under contract-accepting backup offers. Fantastic opportunity and exceptional value—priced below market for a quick sale! This solid home offers great bones and endless potential with only simple cosmetic upgrades needed to make it truly shine. The spacious layout features a great room with vaulted ceilings and a fireplace, creating a warm and inviting gathering space. The kitchen with dinette overlooks the pool and includes sliding doors leading to the screen-enclosed inground pool and covered lanai, making indoor-outdoor living easy and enjoyable. Situated on a generous 80’ x 125’ canal lot, the property offers added privacy and a relaxing water backdrop. Additional high

Key facts

• Kitchen with dinette
• Covered lanai
• Vaulted ceilings

Tags

• VAULTED CEILINGS
• FIREPLACE
• KITCHEN WITH DINETTE
• SCREEN-ENCLOSED INGROUND POOL
• COVERED LANAI
• CANAL LOT

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $265k.

Deal economics

• At list price, monthly cash flow is $-26 ($-308/yr) — negative.
• To cash-flow at today's rent, offer at most $260k (1.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $193k (27.3% below list).
• Recommended offer: $193k (27.3% below list) — sets the bar for 1% rule.
• Cap rate 6.2% vs local median 3.8% in Palm Coast — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 69/100 on livability (#478 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, cost of living B+; Watch: amenities F, commute F.
• Flagler (rural): math 53% / reading 56% proficiency, ranked #20 of 73 in FL (top 27%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Rymfire Elementary School (math 55% / reading 55%, grade C, #872 of 2,144 statewide, top 42%, 892 students, 67% FRL); Matanzas High School (math 36% / reading 53%, grade F, #237 of 667 statewide, top 36%, 1,978 students, 48% FRL).
• Market conditions: Rents rising (+1.2%/yr); 1379 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,588 units permitted in Flagler County in 2024 (0 in 5+ unit buildings).
• This rent runs 30% of the median local income ($76k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Flagler County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $192,608 (27.3% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.73% ✗
• Cap rate: 6.18%
• Cash-on-cash: -0.41%
• DSCR: 0.98
• GRM: 11.5

CMA / ARV

• ARV (on-the-fly): $281,799
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
47 Rippling Brook Dr	0.00mi	3/2.0	1,323 (0%)	1mo	$270,000	$204	99
99 Rickenbacker Dr	0.18mi	3/2.0	1,315 (-1%)	4mo	$280,000	$213	87
12 Ripcord Ln	0.16mi	3/2.0	1,333 (+1%)	7mo	$304,900	$229	86
16 Ryken Ln	0.41mi	3/2.0	1,333 (+1%)	2mo	$253,500	$190	78
8 Ripcord Ln	0.18mi	3/2.0	1,215 (-8%)	4mo	$235,000	$193	74
27 Rybar Ln	0.16mi	3/2.0	1,463 (+11%)	6mo	$325,000	$222	70
11 Ethel Ln	0.54mi	3/2.0	1,258 (-5%)	3mo	$250,000	$199	64
180 Ryan Dr	0.49mi	3/2.0	1,399 (+6%)	6mo	$140,000	$100	63
8 Ryder Pl	0.58mi	3/2.0	1,265 (-4%)	4mo	$255,000	$202	62
36 Ryder Dr	0.44mi	3/2.0	1,490 (+13%)	5mo	$358,000	$240	54
1 Ricker Pl	0.53mi	3/2.0	1,489 (+12%)	4mo	$325,000	$218	51
14 Rae Dr	0.74mi	3/2.0	1,125 (-15%)	7mo	$273,000	$243	34

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.18% rent growth · sell at horizon

5-year hold

• IRR: -18.8%
• Equity multiple: 0.35×
• Total profit: $-48,184
• Equity at exit: $39,512

10-year hold

• IRR: -14.8%
• Equity multiple: 0.21×
• Total profit: $-58,356
• Equity at exit: $22,912

Cash invested: $74,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32164

• Home prices YoY: -6.3%
• Rents YoY: 1.2%
• Active inventory: 1379
• Price-to-rent: 11.5×

Monthly cashflow live

• Estimated rent: $1,926 high
• Mortgage (P&I): −$1,390
• Tax from tax record: −$47 /mo · $566/yr
• Insurance: −$110
• HOA: −$0
• Vacancy / Maint / Mgmt: −$404
• Net cashflow: $-26

Break-even live

Break-even rent $1,959

Max offer price $260,473

Occupancy floor 96%

Sensitivity live

Price	-10% $124	-5% $49	+0% $-26	+5% $-101	+10% $-493
Rent	-10% $-178	-5% $-102	+0% $-26	+5% $50	+10% $127
Rate	-1.0pp $108	-0.5pp $42	base $-26	+0.5pp $-94	+1.0pp $-164

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $66,250
• Closing costs: $7,950
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11 Ripcord Ln Palm Coast, FL	3.0	2.0	1500	$1,925	$1.28	4d	1	0.18mi
23 Ridley Ln Unit B Palm Coast, FL	3.0	2.0	1537	$1,850	$1.20	24d	1	0.24mi
17 Riddle Dr Unit B Palm Coast, FL	2.0	2.0	977	$1,540	$1.58	15d	1	0.31mi
19 Rykill Way Palm Coast, FL	4.0	2.0	1806	$2,066	$1.14	4d	1	0.31mi
8 Riding Pl Palm Coast, FL	2.0	2.0	977	$1,425	$1.46	4d	1	0.41mi
9 Riddle Pl Palm Coast, FL	3.0	2.0	1833	$1,769	$0.97	4d	1	0.45mi
37 Rickenbacker Dr Palm Coast, FL	3.0	2.0	1463	$1,750	$1.20	4d	1	0.64mi
41 Raemoor Dr Palm Coast, FL	4.0	3.0	1836	$1,995	$1.09	4d	1	0.72mi
5 Rambling Ln Palm Coast, FL	3.0	2.0	1355	$1,850	$1.37	15d	1	0.78mi
35 Edge Ln Palm Coast, FL	3.0	2.0	1501	$2,395	$1.60	4d	1	0.80mi
23 Richmond Dr Palm Coast, FL	3.0	2.0	1400	$1,800	$1.29	24d	1	0.83mi
9 Richard Pl Palm Coast, FL	4.0	2.0	1517	$2,073	$1.37	20d	1	0.93mi
18 Red Clover Ln Palm Coast, FL	4.0	2.0	1660	$1,900	$1.14	24d	1	0.96mi
12 Reynolds Pl Palm Coast, FL	3.0	2.0	1575	$2,000	$1.27	15d	1	0.98mi
20 Reynolds Pl Palm Coast, FL	3.0	2.0	1400	$1,750	$1.25	24d	1	0.99mi
12 Regency Dr Palm Coast, FL	4.0	2.0	1771	$1,995	$1.13	4d	1	1.06mi
131 Rae Dr Palm Coast, FL	4.0	2.0	1738	$2,150	$1.24	4d	1	1.15mi
43 Regency Dr Palm Coast, FL	2.0	2.0	977	$1,425	$1.46	24d	1	1.17mi
14 Empire Ln Unit B Palm Coast, FL	3.0	2.0	1230	$1,800	$1.46	24d	1	1.17mi
18 Rainbow Ln Palm Coast, FL	2.0	2.0	977	$1,475	$1.51	4d	1	1.23mi
20 Reindeer Ln Palm Coast, FL	3.0	2.0	1246	$1,750	$1.40	24d	1	1.24mi
32 Emerson Dr Palm Coast, FL	3.0	2.0	1510	$2,150	$1.42	4d	1	1.25mi
17 Rainbow Ln Unit B Palm Coast, FL	3.0	2.0	1190	$1,750	$1.47	24d	1	1.26mi
107 Rolling Sands Dr Unit B Palm Coast, FL	2.0	2.0	1132	$1,500	$1.33	24d	1	1.27mi
35 Regent Ln Unit B Palm Coast, FL	3.0	2.0	1270	$1,650	$1.30	24d	1	1.27mi
37 Regent Ln Unit A Palm Coast, FL	3.0	2.0	1185	$1,625	$1.37	24d	1	1.27mi
2 Rainbow Ln Unit B Palm Coast, FL	3.0	2.0	1185	$1,700	$1.43	4d	1	1.27mi
2 Rainbow Ln Unit B Palm Coast, FL	3.0	2.0	1185	$1,800	$1.52	24d	1	1.27mi
2 Rainbow Ln Unit A Palm Coast, FL	3.0	2.0	1209	$1,700	$1.41	12d	1	1.28mi
33 Rosecroft Ln Unit B Palm Coast, FL	3.0	2.0	1211	$1,750	$1.45	4d	1	1.28mi
65 Raintree Pl Palm Coast, FL	4.0	2.0	1706	$1,600	$0.94	24d	1	1.28mi
19 Roxbury Ln Palm Coast, FL	3.0	2.0	1179	$1,800	$1.53	4d	1	1.29mi
32 Rosepetal Ln Palm Coast, FL	2.0	2.0	977	$1,475	$1.51	4d	1	1.31mi
11 Roxton Ln Palm Coast, FL	4.0	2.0	1617	$1,949	$1.21	24d	1	1.31mi
91 Rolling Sands Dr Unit B Palm Coast, FL	4.0	2.0	1524	$1,800	$1.18	24d	1	1.33mi
19 Rosecroft Ln Palm Coast, FL	3.0	2.5	1719	$1,979	$1.15	22d	1	1.35mi
6 Rosedale Pl Palm Coast, FL	3.0	2.0	1337	$1,900	$1.42	24d	1	1.37mi
9 White Hawk Pl Palm Coast, FL	3.0	2.0	1608	$1,900	$1.18	4d	1	1.40mi
21 Rosepetal Ln Unit A Palm Coast, FL	3.0	2.0	1200	$1,800	$1.50	24d	1	1.40mi
69 Rose Dr Unit B Palm Coast, FL	3.0	2.0	1336	$1,650	$1.24	24d	1	1.44mi

Listing history 4 events

1. 2026-03-18
   status Pending
2. 2026-03-15
   status Active
3. 2026-03-10
   status Pending
4. 2026-03-09
   listed $265,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $566 · $47/mo
• Projected year-2 tax: $2,200 · $183/mo
• Expected delta: +$1,634/yr (+$136/mo · 288.9%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 20 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,113
• − Mortgage interest: −$14,844
• − Property taxes: −$566
• − Insurance: −$1,325
• − Repairs & maintenance: −$1,849
• − Management: −$1,849
• − Depreciation: −$7,709
• Taxable loss: −$5,029
• Est. tax savings @ 24.0%: +$1,207
• After-tax cash flow: $899/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Flagler
• NCES district ID: 1200540
• Math proficiency: 53% ▼ -9.00%
• Reading proficiency: 56% ▼ -4.00%
• Median HH income: $48,354
• Composite: 46.35/100
• National rank: #2464
• State rank: #20 of 73 in FL

Livability — Palm Coast

• Score: 69/100
• State rank: #478
• US rank: #8721

Category grades

Amenities F Commute F Cost of living B+ Crime B Employment C+ Housing A+ Health & safety A+ User ratings D

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Palm Coast, FL
• County: Flagler County · 113,412 people
• City population: 105,049
• Metro: Deltona-Daytona Beach-Ormond Beach, FL
• Population (ZIP): 56,658
• Household income: $76,399
• Rent vs Own: 20.4% rent · 79.6% own
• Severe rent burden: 1291.0

Population outlook (Flagler County) Hauer SSP2

• Today (2025): 123,474 people
• By 2030: 131,864 · +6.8%
• By 2040: 146,176 · +18.4%
• By 2050: 157,398 · +27.5%
• By 2075: 177,990 · +44.2%
• By 2100: 183,381 · +48.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (65%)
• Race & ethnicity: White 65% Hispanic / Latino 14% Black 13% Two or more races 8% Asian 2%
• Hispanic origin (detail): Mexican 4% Puerto Rican 4% Cuban 2%
• Common ancestry: Romanian 3% Russian 2% Slovak 2%
• Foreign-born: 16% · Canada, Jamaica
• Languages at home: 81% English-only · Spanish 9% Russian/Polish/Slavic 3% Other Indo-European 3%

Political lean MEDSL · Flagler

• 2024 margin: Strong R (+28.2) · D 35.6% · R 63.8%
• 2008→2024 swing: -29.8pp toward R · 2008: 1.6pp · 2024: -28.2pp
• All cycles: 2024: R+28.2 2020: R+20.8 2016: R+20.6 2012: R+7.4 2008: D+1.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -19.89%
• Current HPI: 297.4942
• Rent YoY: ▲ 1.18%
• Metro: Deltona-Daytona Beach-Ormond Beach, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

4 events — show timeline

• 2026-03-18 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-03-15 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-03-10 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-03-09 Listed $265,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+0.4%/yr

Latest (2025): $566 · +5.4% YoY. Source: county tax records.