1 Oceans West Blvd APT 9B5Daytona Beach ShoresFL32118
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Daytona Beach Shores at 1 Oceans West Blvd APT 9B5, Daytona Beach Shores, FL, 32118 generates $2,878/mo in rent and, after a $1,121/mo payment, leaves $487/mo in cash flow. Total monthly income is $2,878/mo, and annual cash flow is $5,846/yr on $75,914 invested. Return on cash invested sits at 27.61% in year one, and rental yield is 15.08% on a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 149.78% and total cumulative return in cash sums $113,705. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,878/mo property income rather than buyer’s personal income.
Condo
Built in 1983
26.58 Acres lot
$N/A/sqft
$871 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32118, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,767 (100%) |
| Owner Occupied HU | 6,250 (37.3%) |
| Renter Occupied HU | 3,691 (22.0%) |
| Vacant Housing Units | 6,826 (40.7%) |
| Median Home Value | $464,885 |
| Average Home Value | $518,462 |
Housing Distribution
Address Breakdown
Residential
11,503
Single Family
5,484
Multi-Family
6,019
Businesses
754
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Listed by: Donovan Frantz • Weichert Realtors, Hallmark Properties
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1202327
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.