106 Carmichael WayDaytona BeachFL32124
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow106 Carmichael Way, Daytona Beach, FL, 32124 in Daytona Beach is a solid income-producing rental, 10.07% gross yield, $2,056/mo rent, $430/mo net cash flow on a $245,000 buy. DSCR 1.87 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $67,689 and $2,256/yr in principal reduction project a total cumulative return of $121,072.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.0% |
| Monthly Cash Flow | $430 | $200 |
City averages based on Daytona Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,056 |
| Total Monthly Debt Service | $1,528 |
| DSCR Ratio | 1.35x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2016
1,932 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32124, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,679 (100%) |
| Owner Occupied HU | 5,168 (77.4%) |
| Renter Occupied HU | 370 ( 5.5%) |
| Vacant Housing Units | 1,141 (17.1%) |
| Median Home Value | $545,550 |
| Average Home Value | $550,365 |
Housing Distribution
Address Breakdown
Residential
5,671
Single Family
5,671
Multi-Family
0
Businesses
138
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 2016
1,932 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32124, Daytona Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,679 (100%) |
| Owner Occupied HU | 5,168 (77.4%) |
| Renter Occupied HU | 370 ( 5.5%) |
| Vacant Housing Units | 1,141 (17.1%) |
| Median Home Value | $545,550 |
| Average Home Value | $550,365 |
Housing Distribution
Address Breakdown
Residential
5,671
Single Family
5,671
Multi-Family
0
Businesses
138
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Stellar MLS
Mls ID: #V4946520